In a recent speech, CFPB Director Richard Cordray stated “I recently sent letters and followed up with phone calls to the CEOs of the nation’s top credit card companies strongly encouraging them to consider making credit scores and educational content freely available to their customers on a regular basis.”  The CFPB believes, among other things, that making the information available will prompt consumers to examine their credit reports, and if necessary, report errors.

ABOUT STINSON LEONARD STREET

Stinson Leonard Street LLP provides sophisticated transactional and litigation legal services to clients ranging from individuals and privately held enterprises to national and international public companies. As one of the 75 largest firms in the U.S., Stinson Leonard Street has more than 520 attorneys and offices in 14 cities, including Minneapolis, Mankato and St. Cloud, Minn.; Kansas City, St. Louis and Jefferson City, Mo.; Phoenix, Ariz.; Denver, Colo.; Washington, D.C.; Decatur, Ill.; Wichita and Overland Park, Kan.; Omaha, Neb.; and Bismarck, N.D.

The views expressed herein are the views of the blogger and not those of Stinson Leonard Street or any client.