Business
Equifax Expands Mortgage Credit Offerings to Promote Credit Scoring Competition, Supporting Consumers and the Mortgage Industry
Equifax® (NYSE: EFX) is driving important changes to support a competitive credit scoring market and reduce mortgage costs for American homebuyers and the mortgage industry. First, the company is responding to FICO's monopoly-like doubling of their mortgage credit score prices to $10 in 2026 by offering VantageScore® 4.0 mortgage credit scores at an over 50% reduction from FICO 2026 prices, or $4.50, through the end of 2027. Equifax will also offer free VantageScore 4.0 credit scores to all Equi
About this update from Equifax, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"VantageScore® 4.0 mortgage credit scores will be priced by Equifax at $4.50 for two years – more than 50% below FICO – offering mortgage credit score conversion at a lower price point.","length":184,"tagName":"p"}]},{"val":[{"type":"text","content":"Free VantageScore 4.0 credit scores will be offered through the end of 2026 to all Equifax mortgage, automotive, card, and consumer finance customers who purchase FICO scores to drive industry adoption.","length":207,"tagName":"p"}]},{"val":[{"type":"text","content":"The Work Number® Report Indicator and additional alternative data will be delivered alongside the Equifax mortgage credit report at no cost to enhance the value of the Equifax solution.","length":185,"tagName":"p"}]},{"val":[{"type":"text","content":"Free income and employment indicators will be available alongside Equifax credit reports for automotive, card, and consumer finance in 2026.","length":145,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":721,"olType":false},{"type":"text","content":"ATLANTA, Oct. 7, 2025 /PRNewswire/ -- Equifax® (NYSE: EFX) is driving important changes to support a competitive credit scoring market and reduce mortgage costs for American homebuyers and the mortgage industry. First, the company is responding to FICO's monopoly-like doubling of their mortgage credit score prices to $10 in 2026 by offering VantageScore® 4.0 mortgage credit scores at an over 50% reduction from FICO 2026 prices, or $4.50, through the end of 2027. Equifax will also offer free VantageScore 4.0 credit scores to all Equifax customers in mortgage, automotive, card and consumer finance who purchase FICO scores for the remainder of 2025 and throughout 2026. With these steps, lenders can see the value that VantageScore 4.0's inclusion of alternative data, or information not historically included in traditional credit reports, can bring – making it possible to score 33 million more U.S. adults.","length":932,"tagName":"p"},{"type":"image","alt":"EFX logo","displaySize":"","headline":null,"caption":"EFX logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":75,"url":"https://media.zenfs.com/en/prnewswire.com/bb4651d6cacbdff7475ec36c4b336df8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/uO8xf6Skqvs3.ER819oUfQ--...