Wells Fargo Credit Report Promotion Returns in 2015
Wells Fargo in 2015 should become one of the major credit card issuer to provide Free FICO Credit Scores to customers every month. Bank of America and Chase Bank have said that they’re considering doing the same — giving free credit scores to customers.
Wells Fargo’s latest credit score promotion has just ended, the bank has been providing free credit scores every other year so far but with congress looking for more transparency into people’s credit scores, 2015 may be when Wells Fargo offers free credit scores permanently on credit card statements online.
Federal regulators have been pushing banks to be more transparent to customers — that transparency can help people better understand what influences credit scores, improve their ratings and discover identity theft or other problems.
The White House has applauded banks that have started giving people their credit scores at no charge on a regular basis. Among the banks doing this besides Citi and Discover are Barclaycard and First National Bank of Omaha, as well as Pentagon Federal Credit Union.
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