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Secure, Standardized Data Sharing Empowers Consumers & Promotes Innovation

FICO

Consumers can now permission their demand deposit account (DDA) data for inclusion into the UltraFICO TM Score. This development empowers consumers and enables added transparency, while providing lenders more data and a broader view of the applicant’s financial profile to assess credit readiness.

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Top 5 Scores Topics of 2021

FICO

It is relied upon by stakeholders across the entire lending ecosystem – from regulators, investors and boards to consumers, lenders, and brokers – as a baseline metric for assessing credit risk that is fair to both lenders and consumers. . Each year, we share the average U.S. FICO® Score, which now stands at 716.