Equifax Expands Mortgage Credit Offerings to Promote Credit Scoring Competition, Supporting Consumers and the Mortgage Industry

Here are the key points:

VantageScore Pricing Cut:
- Equifax has reduced the price of its VantageScore 4.0 mortgage credit scores to $4.50 for a two-year period, through the end of 2027.
Challenging FICO:
- This move is a direct response to FICO’s higher rates (reported to be around $10) and a recent action by FICO to distribute its scores directly to mortgage lenders, bypassing the credit bureaus.
Free Scores:
- Equifax is also offering free VantageScore 4.0 credit scores to all Equifax customers in mortgage, automotive, card, and consumer finance who purchase FICO scores for the remainder of 2025 and all of 2026.
Market Impact:
- The move is seen as heating up the credit scoring price wars and is expected to save money for lenders, while also causing the stock of Fair Isaac (FICO’s parent company) to tumble.
EQUIFAX PRESS RELEASE LINK