Category: Credit Review

Credit Review – CreditReview.org

Annual Survey Reveals That Consumer Knowledge about Credit Scores Has Steadily Declined over the Past Eight Years

WASHINGTON–(BUSINESS WIRE[1])–The ninth annual credit score survey, released today by the Consumer Federation of America (CFA) and VantageScore Solutions, LLC, shows that consumer knowledge about credit scores is at the lowest level in the past eight years. On most knowledge questions (as the enclosed table and charts show), correct scores declined by more than ten percentage points, and sometimes by...

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In FTC Study, Five Percent of Consumers Had Errors on Their Credit

A Federal Trade Commission study of the U.S. credit reporting industry found that five percent of consumers had errors on one of their three major credit reports that could lead to them paying more for products such as auto loans and insurance. Overall, the congressionally mandated study on credit report accuracy found that one in five consumers had an error...

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Recent updates | Consumer Financial Protection Bureau

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