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Regulator urges banks to give consumers free monthly credit scores
Regulator urges banks to give consumers free monthly credit scores

WASHINGTON -- With few Americans checking their credit scores annually, a top financial regulator is urging banks to make the information more easily available by including it for free on monthly credit card bills. The request from Richard Cordray, director of the Consumer Financial Protection Bureau, came as the agency reported that inaccuracy was the top consumer complaint about credit reports. “Credit reports and scores can determine the terms of people’s mortgages, whether they qualify for auto loans or if they are eligible for different credit cards,” Cordray said. “Making consumers’ credit scores freely available on their monthly statement or online...

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