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Equifax and FICO Serve Consumers.(Brief Article)
Equifax Inc. has forged a multi-year agreement with San Rafael, Calif.-based Fair, Isaac and Co. to develop credit products and services targeted at consumers.
The companies have planned an online credit score service for March that will offer consumers with an individual Equifax Credit Profile a BEACON score and a personalized score analysis. The Credit Profile is a user friendly version of the Equifax credit report, which is delivered online to consumers, an Equifax company spokesman said.
The service, which Equifax said will include a FICO score calculation on the Credit Profile, will be designed to help consumers understand how their scores may be affected by their credit behavior and interpreted by lenders.
The service will include a "detailed explanation of the score ...
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Source: HighBeam Research, Equifax and FICO Serve Consumers.(Brief Article)