Should Your Credit Score Be On Your Bank Statements

Dated: March 10 2014

Views: 431

Banks urged to make the three-digit numbers more visible
Are truly free credit scores on the horizon? Maybe, if credit-card companies heed the suggestion of the government that they should provide all consumers with free access to their credit scores.
Last week — more than a decade after the Fair and Accurate Credit Transaction Act of 2003 made it possible for consumers to receive a free credit report once every year from each of the three national credit reporting agencies — the Consumer Financial Protection Bureau urged the nation’s top credit-card companies to make credit scores readily available to consumers free of charge. Richard Cordray, director of the CFPB, the watchdog agency created in the wake of the 2007-08 financial crisis, sent a letter to the top executives of the nation’s largest credit card companies requesting that they provide the scores after the agency released a report which found that accuracy issues are No. 1 on the list of credit-reporting complaints received from consumers. Read more...

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Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....

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