U.S. Banks Weigh Free FICO Scores as Discover Expands Offering
This article is for subscribers only.
More U.S. banks may soon give free FICO credit scores to millions of card customers along with their monthly bills as Discover Financial Services extends the offering to all of its cardholders.
FICO, formerly known as Fair Isaac Corp., is negotiating with some of the largest credit-card issuers, Anthony Sprauve, the San Jose, California-based firm’s senior consumer-credit specialist, said yesterday in a phone interview, declining to identify the banks. Discover, which began providing the scores to some clients in November, will now furnish them to all consumer cardholders, the lender said in an e-mailed statement.