Petition Closed
Petitioning U.S. Senate

U.S. Senate: Co-sponsor the Free Access to Credit Scores Act!

We cleared the first hurdle to getting free credit scores with the planned introduction this week of a bill in the Senate. Now, we have to get it passed.

If every Senator hears from their constituents that a free credit score is important to their financial future, we can make it happen. We did it in 2003 with free credit reports.

Your credit score can determine what interest rate you pay for loans and credit cards, how big a deposit you have to put down for an apartment – even how much you are charged for car insurance. 

This is important information, and you should have the right to know it for free. You also should be given the same credit scores lenders get so you know exactly what they are basing their decisions about you.

Sign the petition to ask your Senators to co-sponsor and support this legislation.

Letter to
U.S. Senate
One great way for you to help constituents take control of our financial futures is to co-sponsor and support the Free Access to Credit Scores Act. This nonpartisan bill will give me access to my credit score free-of-charge alongside my annual credit report, and will make sure I see the same scores lenders use to decide whether I get credit, and at what interest rate.

Right now I can get a free copy of my credit report, thanks to a law passed by Congress in 2003. But if I want my credit score, I may wind up paying fees, handing over my credit card for sketchy "trial offers," and not even get the scores that lenders use.

It's estimated consumers shelled out about $250 million in recent years to get their credit scores and reports. And a new federal report found that one out of five consumers paid for scores that were 'meaningfully' different than the scores given to lenders.

A credit score is a critical tool for me to know when I'm making decisions about my finances. Lenders and banks use it to determine if they will lend me money and at what interest rate; if I can get a credit card and what size limit; even what I'm charged for car insurance. By making a reliable score free-of-charge with my credit report, I can make the right choices to improve my score, and build a better financial future for myself and my family.

I ask you to please co-sponsor the Free Access to Credit Scores Act and do all you can to ensure its passage this year. A free credit score is an important tool for constituents like me to succeed during these tough economic times.