Credit Card Companies & Credit Scores

credit cards

(Washington, D.C.) The nation’s top credit card issuers are being urged to give customers free access to their credit scores.

The Consumer Financial Protection Bureau has asked major credit card companies to give their consumers free credit score reports to help them improve their credit and turn them into more attractive borrowers.

The bureau says scores are often bought through a company like FICO or consumers can access some version of their score for free online, but officials say those scores typically are not the same ones lenders use to make decisions.