CFPB Reports That More Than 50 Million Credit Card Consumers Have Access to Free Credit Scores

New Study Indicates that Consumers Access Credit Scores and Credit Reports in a Variety of Ways but Confusion Persists

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) reported that more than 50 million consumers now have free and regular access to their credit scores through their monthly credit card statements or online. Last year, the CFPB launched a credit score initiative, which called on more of the nation’s top credit card companies to make credit scores freely available to their customers. The Bureau also released a new consumer focus group study indicating that while consumers are accessing their credit scores and credit reports in a variety of ways, confusion about both persists.

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