How FICO Score Open Access Can Help Credit Counsellors – Business Intelligence Info

Morethan100millioncreditaccountsintheUSarenowgettingfreeFICO?

ScoresfromtheirlendersthroughtheFICO?

ScoreOpenAccessprogram。

Thisprogramishelpingconsumersunderstandtheirfinancialpicture—buthowcanithelpcreditandfinancialcounsellorsintheirworkwithconsumers?

That’swhereFICO?

ScoreOpenAccessforCreditandFinancialCounselingcomesin。

Throughthisprogram,creditandfinancialcounselingprovidersintheUScanshareFICO?

Scorestheyhavealreadypurchased—forexample,forinitialcustomercontactorforfinancialmanagementplanreview—withtheircustomerswithnoadditionalscorefeesorprogramfees。

(ThesharingofFICO?

ScoreswithcounsellingcustomersisotherwisenotpermittedbythecreditbureausorbyFICO。

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KnowledgeaboutFICO?

Scoresmaysupportacustomer’sprogressandcommitmenttomoreresponsiblefinancialhealthmanagement,andreinforcebehaviorchangesthatlastlongaftercounselingsessionsend。

Additionally,makingFICO?

Scoresavailabletoyourcustomersaspartoftheprogrammayhelpwithcustomerretentionbyencouragingcustomerstostayontheirfinancialmanagementplans。

Tolearnmore,watchthisrecordedwebinarfromtheNationalFairHousingAlliance(NFHA)。

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(Why?

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FICO