Tune in to this week’s installment of The Credit Line, hosted by Credit.com’s chairman and co-founder Adam Levin on Los Angeles’ KFWB 980 AM this Saturday, July 23, at 9 a.m. PST/Noon EST.
The show is co-hosted by L.A. radio personality Jeff Levy.
What Will the CFPB Do For You?
This has been a historical week in the realm of consumer protection—Thursday marked the first official business day of a powerful new watchdog agency, the Consumer Financial Protection Bureau. You might be wondering: How is this agency different from any of the other various government agencies that have come before it? What exactly will it do for me? Credit.com’s personal finance expert Gerri Detweiler joins us to talk about what makes the CFPB one of the most promising allies for protecting consumers against deceptive financial products.
[Related article: What the CFPB Should Do About Debt Collectors]
New Credit Score Disclosures
More progress on the consumer front: new rules concerning credit scores went into effect this week that require lenders to offer borrowers their credit scores if they are denied credit or offered less favorable terms because of those scores. Credit.com’s consumer credit expert Tom Quinn joins us to talk about how the new credit score disclosures will give consumers greater access to the information lenders use to evaluate them.
[Related article: New Rules in Effect Today Increase Free Access to Credit Scores]
Call in with your questions
Do you have a credit question? Adam Levin and Jeff Levy are ready to take your calls live this Saturday, July 23 at 9 a.m. PST/Noon EST, at 888-539-2980.
Listen to The Credit Line