FICO Statement Regarding Antitrust Investigation
Lenders have multiple choices of analytic models to use in credit decisioning and are free to choose the credit score that works best for them. In a competitive marketplace, the FICO® Score is chosen because it is trusted to be independent, predictive and reliable, and because FICO is constantly innovating to enable lenders to responsibly extend access to credit. FICO has also earned the trust of consumers through programs like the FICO Score Open Access initiative, which provides customers from more than 200 financial institutions with free access to the FICO Scores used to manage their credit accounts.
FICO is confident the Department will conclude that it has not engaged in any exclusionary conduct. To the extent the Department's inquiry was initiated based on
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in
Learn more at https://www.fico.com
FICO is a registered trademark of
View original content to download multimedia:http://www.prnewswire.com/news-releases/fico-statement-regarding-antitrust-investigation-301024452.html
Media: Greg Jawski, (212) 601-8248, firstname.lastname@example.org; Investors: Steve Weber, (800) 213-5542, email@example.com