The Federal Reserve Board and the Federal Trade Commission (FTC) on
Tuesday proposed regulations regarding the credit score disclosure
requirements of the Dodd-Frank Wall Street Reform and Consumer
Protection Act. The statute requires creditors to disclose credit scores
and related information to consumers in risk-based pricing and adverse
action notices under the Fair Credit Reporting Act (FCRA) if a credit
score was used in setting the credit terms or taking adverse action. To
read the entire release, you may view it here. Public comments on the proposed rules under Regulations V and B are due 30 days after publication in the Federal Register, which is expected shortly.