FICO Extends Distribution Agreement with Equifax for FICO® Score in Canada
There’s been much confusion and debates on whether a FICO Score is/was available in Canada.
While Beacon is based on the Fico Score blueprint, it was never marketed in Canada as a Fico Score.
The FICO® Score is the standard measure of consumer credit risk used in more than 25 countries.
FICO extends multi-year agreement with Equifax® Canada to distribute FICO® Scores to lenders, consumers and additional businesses in Canada
BEACON Score to be renamed FICO® Score in Canada
https://www.newswire.ca/news-releases/f ... 42221.html
Of course, this won’t do consumers a lot of good, whether this new Fico Score will be available to them or not, there’s still no way to tell what score a lender will use, if they use a bureau score at all.