News from Business Insider:
As of July 21, any consumer who gets turned down for either credit cards or auto loans is now able to receive a free copy of their FICO credit score. This new rule is a provision of the Dodd-Frank financial reform law that was recommended by Democratic Senator Mark Udall of Colorado.
According to Udall, [...]
News from STLtoday.com:
If you’ve ever thought someone was playing fast and loose with the rules on your credit cards, credit score or mortgage, but you had no idea where to go with your complaint, you now have a place to turn.
The Consumer Financial Protection Bureau has been launched. It is supposed to stop lenders from [...]
News from MonitorBankRates.com:
Mortgage rates are lower today on lower 10 year bond yields. Today’s fixed conforming 30 year mortgage rates are averaging 4.47%, down from yesterday’s average 30 year mortgage rate of 4.48%. Curernt 15 year conforming mortgage rates are averaging 3.68%, down from yesterday’s average 15 year mortgage rate of 3.72%.
Search and compare today’s mortgage rates by searching our mortgage rate tables here: Today’s [...]
News from ABC News:
Starting today, lenders who deny a borrower credit or offer a higher-than-normal interest rate are required to show the borrower his credit score.
The new rule is part of an amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act that passed exactly one year ago. Introduced by Sen. Mark Udall, D-Colo., [...]
News from ABC News:
Starting today, lenders who deny a borrower credit or offer a higher-than-normal interest rate are required to show the borrower his credit score.
The new rule is part of an amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act that passed exactly one year ago. Introduced by Sen. Mark Udall, D-Colo., [...]
News from Minnesota Public Radio:by Jessica Mador, Minnesota Public Radio
July 21, 2011
St. Paul, Minn. — Consumers who get turned down for credit are entitled to access their credit scores for free.
New Federal Trade Commission rules require creditors to send a notice when they deny consumers credit or give them less-than-favorable terms for credit.
Beyond one free [...]
News from WBIR-TV:
Starting on Thursday for the first time in US history, consumers will have free access to their credit scores.
The rules require banks to tell you your score if they reject your credit application. They will also have to explain other factors considered in their decision.
The new rules also apply to people five loans [...]
News from NY1:
To view our videos, you need toenable JavaScript. Learn how. install Adobe Flash 9 or above. Install now.Then come back here and refresh the page.
Finding an apartment in NYC is hard enough, but if with less than perfect credit, finding a rental in today’s tight market is harder than ever before. NY1’s [...]
News from NY1:
To view our videos, you need toenable JavaScript. Learn how. install Adobe Flash 9 or above. Install now.Then come back here and refresh the page.
Finding an apartment in NYC is hard enough, but if with less than perfect credit, finding a rental in today’s tight market is harder than ever before. NY1’s [...]
News from This is Money:
By Jo Thornhill
Last updated at 10:11 AM on 17th July 2011
The mortgage arena remains a market of two halves with the best deals available only to borrowers with a perfect credit history and a healthy chunk of equity in their home.
In contrast, first-time buyers and those with little or no equity [...]