FICO and Equifax Renew Agreement to Provide FICO® Scores to U.S. Financial Institutions and Businesses

FICO (NYSE: FICO) and Equifax, Inc. (NYSE:EFX) announced a renewed multi-year agreement to provide FICO® Scores to the U.S. banking community.  

Equifax will continue reselling FICO® Scores and provide FICO access to its consumer data for the purposes of developing and marketing new analytics that will meet the changing requirements of businesses.  As part of the new agreement, FICO will be able to sell FICO® Scores directly to lenders and third-party resellers.   Consumers will continue to have access to their FICO® Score based on Equifax credit data at www.myfico.com and www.equifax.com/credit-score.  Furthermore, FICO® Scores based on Equifax credit data will be made available to consumers through third parties.

Source:  Fico Press Release