Apart from competition, theyve increased prices by 10x over the period of 3 years which makes them substantially less competitive vs vangtaescore. They're currently protected by somewhat of a regulatory monopoly which is about to change. If lenders can now choose which score to use and one is much cheaper. I dont see a bright outlook for FICOs future
Apart from competition, theyve increased prices by 10x over the period of 3 years which makes them substantially less competitive vs vangtaescore. They're currently protected by somewhat of a regulatory monopoly which is about to change. If lenders can now choose which score to use and one is much cheaper. I dont see a bright outlook for FICOs future