1. Short title This Act may be cited as the Military Families Credit Reporting Act of 2017 . 2. Notice of status as an active duty military consumer The Fair Credit Reporting Act ( 15 U.S.C. 1681 et seq.) is amended— (1) in section 605 ( 15 U.S.C. 1681c ), by adding at the end the following: (i) Notice of status as an active duty military consumer (1) In general With respect to an item of adverse information about a consumer that arises from the failure of the consumer to make any required payment on a debt or other obligation, if the action or inaction that gave rise to the item occurred while the consumer was an active duty military consumer— (A) the consumer may provide appropriate proof, including official orders, to a consumer reporting agency that the consumer was an active duty military consumer at the time the action or inaction occurred; and (B) any consumer report provided by the consumer reporting agency that includes the item shall clearly and conspicuously disclose that the consumer was an active duty military consumer when the action or inaction that gave rise to the item occurred. (2) Model form The Bureau shall prepare a model form, which shall be made publicly available, including in an electronic format, by which a consumer may— (A) notify, and provide appropriate proof to, a consumer reporting agency in a simple and easy manner, including electronically, that the consumer is or was an active duty military consumer; and (B) provide contact information of the consumer for the purpose of communicating with the consumer while the consumer is an active duty military consumer. (3) No adverse consequences Notice, whether provided by the model form described in paragraph (2) or otherwise, that a consumer is or was an active duty military consumer may not provide the sole basis for— (A) with respect to a credit transaction between the consumer and a creditor, a creditor— (i) denying an application of credit submitted by the consumer