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#1901624 - 03/03/14 05:02 PM Credit cards providing credit scores?
A_G Offline
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Joined: Jul 2004
Posts: 18,957
I've seen the commercials, but for the first time this month, when I logged online to pay my Discover bill, I was given the option to view my FICO score for free. So, of course I took advantage.

And FWIW - it changed since the weekend (only by one point, so I'm not sure how often they "update" it)...

How is Discover allowed to do this?
With the lights out, it's less dangerous.

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#1902167 - 03/04/14 09:22 PM Re: Credit cards providing credit scores? A_G
rlcarey Online
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Joined: Jul 2001
Posts: 76,929
Galveston, TX
They do it under the "review" permissible purpose. If your credit score would suddenly drop, they would re-price your card. Disclosing it to the account holder would not be prohibited, unless the CRA prohibits them from disclosing it.
The opinions expressed here should not be construed to be those of my employer:

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#1904320 - 03/11/14 08:01 PM Re: Credit cards providing credit scores? A_G
BetsyS Offline
Gold Star
Joined: Jun 2009
Posts: 468
Cordray evidently thinks this is a good idea:

ICBA responded.
Last edited by BetsyS; 03/11/14 08:02 PM.
Let's start at the very beginning; A very good place to start...

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