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Credit unions should not be required to provide members with free credit scores, CUNA and NAFCU told the CFPB in separate letters.

“Many companies and financial institutions—including some credit unions—choose to voluntarily provide free credit scores to their consumers and members,” Luke Martone, CUNA’s senior director of advocacy and counsel, said in a letter to the agency. “We applaud their choice to do so, but stress to the CFPB that it may not be feasible for others to offer such a consumer perk.”

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David Baumann


Credit Union Times

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