Fair Isaac announced it will provide FICO credit scores directly to firms that offer credit reports to mortgage lenders. Equifax and TransUnion shares dropped, while Fair Isaac’s rose. The move aims to save lenders up to 50% on FICO fees, reshaping the industry by bypassing major credit bureaus.

Fair Isaac’s decision to offer FICO scores directly could save lenders money by cutting out Equifax, TransUnion, and Experian. This change threatens a crucial revenue stream for the bureaus, reflected in share movements. Experian shares also dropped in London, impacting the industry’s landscape.

Despite Fair Isaac’s shares remaining negative in 2025, the company’s move to streamline score access could revolutionize how credit scores are delivered and priced in the mortgage industry. The decision to bypass major credit bureaus highlights the potential for cost savings and efficiency improvements for lenders.

Read more at Yahoo Finance: Fair Isaac Stock Is Soaring. Credit Bureau Shares Are Dropping. Here’s Why.