8. Access to credit scores for turned-down borrowers
Before, it could be maddeningly difficult to figure out your credit score. While you were entitled to one free credit report a year from each of the three credit reporting agencies under federal law, you almost always had to pay to see your actual score. Under the new rules, any lender that turns down a borrower - whether it's for a mortgage, a department store credit card or an auto loan - because of his or her credit score has to tell the borrower what that score is, and for free.
Related: Impact on everyday life