A Fight Over Credit Scores Turns Into All-Out War
1. FICO raised fees, escalating competition with credit reporting companies. 2. Revenue from FICO's credit score sales reached $920 million in 2024. 3. VantageScore is now allowed for mortgage approvals, increasing competition. 4. FICO's price hikes could trigger investigations over antitrust concerns. 5. Shift toward VantageScore may disrupt FICO's market dominance.