Discover Financial Services said Nov. 18 holders of its cards will begin seeing FICO scores on their card statements. A company executive described the move as a way of helping customers better manage their finances.
Providing card members with their credit scores on their monthly Discover card statements will help them manage their finances so they can achieve their personal goals, explained Julie Loeger, senior vice president of brand and acquisition.
A good credit history and credit score can be a deciding factor in a person's ability to get a loan or receive a good rate that will enable them to buy anything from everyday purchases to a new home, she added.
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