Free Credit Score Services are Stopping Fraud: the JCA reports. - WTRF 7 News Sports Weather - Wheeling Steubenville

Free Credit Score Services are Stopping Fraud: the JCA reports.

Posted: Updated:

Seattle, WA / March 26, 2014 / A free credit score plays a major roll in lowering your personal delinquency rate and stopping fraud, according to a new study released by the Journal of Consumer Affairs.

Geoff Neary, a researcher from the Journal of Consumer Affairs says “people are much more likely to acquire the life they want, with a free credit score report. Participants in our study were more likely to raise their credit scores allowing them much more flexibility to purchase homes, automobiles, and take vacations. At the same time experiencing far less identity theft, and fraud.”

As of now, there is no mandatory service requiring banks and credit card companies to supply consumers with a free credit score, but fortunately there are some services that do. 

 Contact@credithelp.guru

Resources:
http://en.wikipedia.org/wiki/Credit_score
http://www.usa.gov/topics/money/credit/credit-reports/bureaus-scoring.shtml
http://www.consumerfinance.gov/
http://onlinelibrary.wiley.com/

ReleaseID: 413502