Credit Reform Is Coming - Know Where You Stand

Thu, Feb 18, 2010

Credit Cards

Equifax offers consumers more insight into their credit history; in advance of Credit CARD Act

Major provisions of the Credit CARD (Credit Card Accountability Responsibility and Disclosure) Act of 2009 legislation, including new rules regarding rates, limits and fees, as well as billing and payments will make it easier for consumers to take control of their financial health. However, some of the changes like assessing a borrower’s ability to pay will impact how card issuers make offers of credit and may even make it harder for some consumers to obtain credit. Now, more than ever, it makes fiscal sense to understand how lenders may view you.

WHO: Equifax is offering all consumers the opportunity to get a complete picture of their credit history—and a sense of how lenders view them—from all three nationwide credit reporting agencies by visiting http://myservices.equifax.com/PRP01_3br.

WHAT: In advance of the enactment of the final provisions of the Credit CARD Act, Equifax is offering its popular 3-in-1 Credit Report with Score Power® product at a special price of $29.95—that is a 25% discount off of the regular retail price—for all consumers!

3-in-1 Credit Report with Score Power® provides consumers:

Immediate online access to a user-friendly 3-in-1 Credit Report.
A detailed explanation of what their score means, comparison with national averages, and a graph of how lenders view them.

Interactive Score Simulator to illustrate how their actions may change their score.

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This post was written by:

Richard Tyler - who has written 467 posts on Free Investment Advice.

Ignorance is often the reason why some people are unable to harness upon what they already have to make more money while some 'in-the-know' get richer every year simply through investments. Invest Money Stocks strives to be a wealth of knowledge for those who need help in investment and wealth management matters. Invest Money Stocks covers a wide range of topics from business management, home budgeting, personal wealth management to stocks investment, options trading, penny stocks trading, forex trading, bonds, technical analysis, fundamental analysis and more.

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