Not exact matches
More than 50 million
consumers now have «
free and regular
access»
to their
credit scores, according
to a new report from the
Consumer Financial Protection Bureau.
The government says that proposed legislation, Bill 8, could require
credit - reporting agencies
to give
consumers free online
access to their current
credit score at least twice a year and
to disclose information in a
credit report about any
scores that were given
to third parties over the past 12 months.
All of the websites listed above will give
consumers free access to their
credit report and / or
scores without the
consumer having
to pay a dime.
As you can see from the table above, there is no single website which offers a
consumer free access to all 3 of her
credit reports and all 3 of her
credit scores.
Sites like
Credit Karma and
Credit Sesame offer
consumer access to scores for
free.
The Fair
Credit Reporting Act allows consumers free access to their credit reports from each of the three major bureaus (Experian, Equifax and TransUnion) once every 12 months, but that report will not include your credit
Credit Reporting Act allows
consumers free access to their
credit reports from each of the three major bureaus (Experian, Equifax and TransUnion) once every 12 months, but that report will not include your credit
credit reports from each of the three major bureaus (Experian, Equifax and TransUnion) once every 12 months, but that report will not include your
credit credit score.
Despite an abundance of
free credit score offers,
consumers still lack easy
access to their FICO and Vantage
scores, often the determining factor in
credit approval.
Since most of these
consumer credit sites offer
free access, you can still use these
scores to your advantage.
If the
consumer group has its way, we could eventually have
free access to the same
credit scores lenders use when considering us for car loans, mortgages and other types of financing.
Starting this month, San Jose, Calif. - based FICO, the first U.S.
credit scoring company, is rolling out a program that allows
consumers access to their
credit scores for
free, as long as their lender is on board.
Normally
consumers must pay
to access their
credit scores, though they can get a
free credit report each year through annualcreditreport.com.
Another reason
to offer
free credit report and
free credit score is
to bring parity between Indian
consumers and
consumers in other countries where they can
access their
credit report
free of cost from
credit bureaus once every year.
Discover was also one of the first
credit card companies
to offer
consumers free access to their FICO
credit score, a perk that more
credit card companies now offer.
Access: You have the right
to a
free personal
credit report from each of the three major
consumer credit bureaus — TransUnion, Equifax and Experian — once every 12 months, and you can get your personal FICO
scores for
free from several
credit card issuers.
NAR believes that expanded
access to free consumer reports and
credit scores will help ensure their
credit information is accurate.
Consumers are granted
free access to their FICO
score, but the three major
credit reporting agencies require personal information.