WASHINGTON (2/23/15)--More than 50 million consumers now have free and regular access to credit scores online or through credit card statements, the Consumer Financial Protection Bureau (CFPB) reported last week.
The bureau also released a study that says despite those numbers, confusion about accessing credit scores and reports among consumers still persists.
The CFPB launched an initiative last year calling on major credit card providers to make credit scores freely available to customers. More than a dozen issuers now provide that information, and according to the CFPB, other efforts from major issuers will be forthcoming this year.
The bureau's report on credit reports and scores found, among other things: