To Boost Credit Scores, FICO, Experian, Finicity Want Bank Data
National Mortgage News, Oct. 22, 2018–Bonnie Sinnock (subscription)
In a move designed to improve access to financial products for consumers with low credit scores and short credit histories, Experian, FICO and Finicity are developing an “UltraFICO” score that lets individuals share checking and savings account data and help lenders better assess risk.
