Two days before its July 21 debut, the CFPB released a report on credit scores  that describes the industry and credit scoring process, examines the ways credit scores are obtained and used, and discusses the differences between scores obtained by consumers and creditors..  Dodd-Frank required the CFPB to study those differences and whether they disadvantage consumers.  The study describes possible ways a consumer might be harmed when the consumer and creditor see different scores (such as by accepting credit on less favorable terms than what the consumer could qualify for).  The CFPB’s next step will be to determine if those harms are actually occurring based on an analysis of random samples of consumer reports constructed by each of the 3 nationwide CRAs (with each sample to consist of 200,000 reports.)