Personal Finance Advice and Commentary

Wednesday, March 02, 2011 2:17 pm
By Lucy Lazarony ·

On March 1, the Federal Reserve Board and the Federal Trade Commission proposed new regulations for meeting the credit score disclosure requirements put forth in the Dodd-Frank Wall Street Reform and Consumer Protection Act. According to this statute, credit card issuers and other lenders must disclose credit scores and related information to consumers in risk-based

Thursday, January 13, 2011 1:55 pm
By Lucy Lazarony ·

New consumer credit decision notices are on the way. Starting Jan. 1, new rules from the Federal Reserve and the Federal Trade Commission require lenders to provide new credit information to credit card customers and other borrowers of consumer credit. For help in understanding these new notices, the Federal Reserve is providing consumers with a