CDIA Statement Regarding Changes in FICO Pricing

WASHINGTON, Oct. 2, 2025 /PRNewswire/ -- While the Direct License Program announced by FICO is positioned as a cost-cutting measure, it is simply not true. In reality, it is another price increase by FICO. With this announcement, FICO has at least doubled its publicly disclosed prices year-over-year while introducing operational costs and risks to resellers and lenders. FICO's pricing proposal will also inevitably cause lenders to pass on significantly higher costs to consumers.

FICO is also ignoring the reality that comprehensive data is the foundation of powerful and predictive credit scores and the safe and sound functioning of the U.S. mortgage market.

This new pricing scheme validates the need for a competitive mortgage scoring market that puts the consumer first.

We are fully aligned with FHFA Director Pulte's call for creative and constructive action as we work to support homebuyers and bring new entrants, like VantageScore, into the mortgage ecosystem.

About CDIA: The Consumer Data Industry Association (CDIA) is the voice of the consumer reporting industry, representing consumer reporting agencies, including the nationwide credit bureaus, regional and specialized credit bureaus, background check and residential screening companies, and others. Founded in 1906, CDIA promotes the responsible use of consumer data to help consumers achieve their financial goals and to help businesses, governments, and volunteer organizations avoid fraud.

Contact:
Ben Corb
[email protected]
202.841.2701

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SOURCE Consumer Data Industry Association