Credit Score Awareness Increasing Slowly

Hoosier Banker,  Oct 2005  

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Thirty-one percent of consumers say they have obtained thek credit scores in the past year, compared to 24 percent who said the same in 2004, according to a study by Consumer Federation of America, Washington, DC, and Providian Financial, Dallas. "If consumers were to raise their credit scores by only 30 points, on average, they would save $16 billion on lower credit card finance charges alone," says J.

Christopher Lewis, Providian's chief public policy officer.

Copyright Indiana Bankers Association Oct 2005
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