FICO Score’s Hold on the Credit Market Is Slipping

Wall Street Journal, July 24, 2021–AnnaMaria Andriotis (subscription)
Big lenders are moving away from FICO, according to people familiar with the matter. Capital One Financial Corp . and Synchrony Financial don’t use its scores for most consumer-lending decisions. They are becoming a smaller factor in some underwriting decisions at JPMorgan Chase & Co. and Bank of America Corp.