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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

The report alleges that large banks are offering worse credit card terms and interest rates than small banks and credit unions, regardless of credit risk. Among the allegations, the CFPB argues that large issuers “offered worse rates across credit scores.” For more information, click here.

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Credit Score & Credit Report: File a Dispute to Fix Errors

Nexa Collect

Experian reports that the lowest FICO credit score is 300, but no one really stays at such a low score once some financial history has been established. In the event of an identity theft, the Federal Trade Commission states that you can “block those charges from appearing on your credit report. Improving Your Credit Score.