Personal Finance Advice and Commentary

Starting July 21, if a creditor uses a credit score to offer credit at less-than-favorable terms, deny credit or adjust the rate on extending credit, it must reveal the score they used along with other information related to the score. Consumers will receive a notice outlining the range of possible credit scores, key factors that

A provision in the new financial reform law will allow consumers turned down for credit or offered less favorable terms because of their credit report or score to get a free credit score disclosure with their adverse action notice. An overlapping set of federal regulations that were finalized last year will likely broaden access to