Financial Empowerment Month Credit and Credit Repair Consumer Guidance

NH Banking News & Announcements

Published April 6th, 2026

Detected April 7th, 2026

Summary

The New Hampshire Banking Department released consumer education materials as part of Financial Empowerment Month, highlighting free credit report access through AnnualCreditReport.com and warning consumers about fraudulent credit repair companies. The announcement links to FTC credit repair resources and NH Department of Justice consumer credit card guidance.

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What changed

The NH Banking Department issued an informational consumer alert as part of April's Financial Empowerment Month initiative, focusing on credit scores and credit repair. The announcement directs consumers to free credit reports via AnnualCreditReport.com, warns that fraudulent 'credit repair' companies may engage in deceptive practices, and provides links to FTC resources and NH DOJ consumer information.

Compliance officers at financial institutions should note this is educational outreach rather than new regulatory requirements. No compliance deadlines, filing requirements, or penalties are associated with this announcement. Consumer-facing materials may want to incorporate similar fraud warnings about credit repair companies.

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Financial Empowerment Month focus on money management: Credit card scores and credit repair

Announcement For Immediate Release Posted: April 06, 2026

Contact Ian Clark, Public Information Officer
(603) 271-4865 | ian.m.clark@banking.nh.gov

Financial Empowerment Month focus on money management: Credit card scores and credit repair

As part of April's Financial Empowerment Month initiative, the New Hampshire Banking Department is highlighting key areas of financial literacy. Today we're looking at credit card scores and credit repair.

Did you know that you can receive free credit reports from AnnualCreditReport.com? Credit reports can affect your mortgage rates, job applications, and much more. Regular credit reports can also help you catch signs of identity theft.

The New Hampshire Department of Justice has general information on credit cards: Consumer Sourcebook on Credit Cards

Using easy "credit repair" companies could be fraud. Here is an FAQ to help you learn more about these companies.

The Federal Trade Commission's "How to Help Yourself" credit repair info is available here with a Credit Repair document and Frequently Asked Questions.