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Volume 25 - Number 5

March 3, 2014

CFPB Urges Credit Card Firms to Give Customers Free Credit Scores

The CFPB last week urged the nation's top credit card companies to make credit scores and related content freely available to their customers. Apparently, some credit card companies recently began making credit scoring information freely and regularly available to their customers on monthly statements or through online access. CFPB Director Richard Cordray recently sent letters to the nation's top credit card companies urging them to follow suit. "A regularly available credit score may prompt more Americans to review their credit standing and pull their free annual credit report at," the CFPB said.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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