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FICO CEO says FICO scores will cost less, benefit consumers
Youtube· 2025-10-02 16:53
Oo shares rallying today. The company says it will license its credit scores directly to mortgage resellers, effectively bypassing credit bureaus. Federal housing director Bill Py tweeting that quote, "Increased competition makes the market safer, sounder, and more cost-effective." Joining us this morning exclusively is FICO CEO Will Lancing.Will, welcome back. Good to have you again. >> Thank you.>> Um, can you talk about the motivation for the move. We can we can kind of guess. >> And your guess would be ...
FICO Stock Leads S&P 500 On End-Run Around Equifax, Other Credit Bureaus
Investors· 2025-10-02 13:01
BREAKING: Tesla Deliveries Jump To Record 497,099 In Q3 Fair Isaac (FICO) shares surged early Thursday after the company said it would make its predictive FICO credit scores directly available to the credit report vendors that play a key role in mortgage approvals. The move to eliminate reliance on credit bureaus Equifax, Experian and TransUnion sent those shares plunging. FICO was the top stock on the S&P 500 in… Related news TransUnion Sees RS Rating Rise To 71 Get Started Learn how you can make more mone ...