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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?
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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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rlcarey
Joined: Jul 2001
Posts: 76,814
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.
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#1904320 - 03/11/14 08:01 PM Re: Credit cards providing credit scores? A_G
BetsyS Offline
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Joined: Jun 2009
Posts: 468
Cordray evidently thinks this is a good idea:

http://www.consumerfinance.gov/newsroom/...e-to-consumers/

ICBA responded.
Last edited by BetsyS; 03/11/14 08:02 PM.
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