Following FICO’s recent announcement of a new direct licensing model and updated pricing for mortgage credit scores, all three national credit bureaus—Equifax, Experian, and TransUnion—have released statements outlining their respective responses and updated offerings for lenders.
Equifax announced an expansion of its mortgage credit offerings.
- VantageScore® 4.0 mortgage credit scores will be priced by Equifax at $4.50 for two years.
- Free VantageScore 4.0 credit scores will be offered through the end of 2026 to all Equifax mortgage customers who purchase FICO scores.
- The Work Number® Report Indicator and additional alternative data will be delivered alongside the Equifax mortgage credit report at no cost.
Experian responded by announcing changes to its pricing and score access.
- Free access to VantageScore 4.0 for a limited time, allowing lenders to test and prepare for future scoring model adoption.
- If Experian does charge, the company will offer VantageScore 4.0 for at least a 50% discount compared to what FICO charges for its score
TransUnion introduced new mortgage credit offerings:
- VantageScore 4.0 for mortgage at $4
- TransUnion will also provide free VantageScore 4.0 for mortgage to customers that purchase a FICO score from TransUnion through the end of 2026.
- Multi-year pricing for credit report and VantageScore 4.0
- A free VantageScore 4.0 credit score simulator for industry participants
Informative Research (IR) is sharing this information to keep lenders informed of recent developments following FICO’s pricing changes. We encourage our clients to review each announcement directly for full details and updates from the credit bureaus.