A new plan by Fair Isaac, the creator of the FICO score, to bypass Atlanta-based Equifax and other credit bureaus ...
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FICO shares surge on plan that could cut Experian, Equifax out of credit reporting for mortgages
FICO score, created by Fair Isaac, is a US credit scoring system used by nearly 90% of lenders to evaluate a borrower’s ...
Shares of TransUnion, Equifax and Experian slumped on Thursday as FICO said it will directly license its scores used to ...
Equifax is blaming a coding issue for issuing wrong credit scores. According to CNN, wrong credit scores were issued to millions of consumers when Equifax was migrating its servers to a ...
The company announced a new pricing model that will allow mortgage lenders to bypass credit bureaus for credit scores.
Bankcard delinquency rates, for example, hit 11.7% this year, only 2% shy of the Great Recession peak. Meanwhile, credit card ...
Equifax, one of the nation’s “big three” credit score reporting agencies, must pay $725,000 as part of a settlement with the state after a coding error ...
The interactive product, called Optimal Path, uses an individual’s credit profile as well as data from millions of borrowers ...
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