They simply do not understand the power of making small regular contributions.
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Those who have obtained their scores know significantly more about credit scores than those who have not,Stephen Brobeck
Generally it's a good idea, but you need to comparison shop to make sure you get a good deal.
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It prevents credit unions from extending their services to small employee groups.
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If consumers started to shift money, however, ... from an interest checking or a traditional savings account into even a bank CD or from a bank to a credit union. That would place market pressure on the banks to raise those interest checking rates and those traditional savings rates. They (banks) do not feel as if consumers are demanding higher rates.
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Despite all of the news coverage about credit scores over the past year, many consumers still do not understand important facts about these increasingly influential numbers.
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This is not on the radar screen of the banking industry right now. They're not interested in small depositors.
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