H.R. 5083 requires the Consumer Financial Protection Bureau and the Federal Trade Commission to jointly study how credit scoring models could incorporate additional factors beyond traditional metrics to evaluate creditworthiness. The study would examine the potential use of factors such as brokerage accounts, Buy Now, Pay Later payment history, rental and utility payments, bank transaction data, payroll deposits, insurance payments, property ownership records, and peer-to-peer financial activity. The two agencies must submit their findings to Congress by December 31, 2025. This legislation would affect credit scoring practices industry-wide and potentially impact consumers seeking credit, as expanded scoring models could change how lenders evaluate loan applicants. The bill does not specify funding amounts but establishes a clear deadline for the regulatory agencies to complete and report their analysis.