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January 10, 2011

FICO Launches ScoreInfo.org to Help U.S. Consumers Understand New Risk-Based Pricing Disclosures

January 10, 2011

MINNEAPOLIS—January 10, 2011—FICO (NYSE:FICO), the market leader and recognized standard in credit scoring, today launched ScoreInfo.org, a non-commercial educational website, to provide comprehensive information about the new Risk-Based Pricing Rule and other federally-mandated credit disclosure notices. ScoreInfo.org will help the millions of U.S. consumers who receive notices of credit approval or denial to understand these notices’ meaning as well as the rights and potential actions available to consumers. The site also explains the composition and role played by FICO® Scores, which are used by 90 percent of U.S. lenders; worldwide, over 10 billion FICO® Scores are consulted annually.

As of January 1, 2011, amendments to the Fair Credit Reporting Act require lenders to send a Risk-Based Pricing disclosure notice whenever a lending decision, based on a consumer's credit score or credit report, results in less favorable credit terms, such as a higher interest rate or larger down payment requirement. This year, U.S. lenders are expected to process more than one billion credit applications, resulting in the delivery of approximately 500 million of these Risk-Based Pricing disclosure notices, in addition to the millions of notices consumers already receive when their credit application is denied.

"The new Risk-Based Pricing Rule is great for the consumer as it further increases the level of transparency in the lending process and, at the same time, can help improve the accuracy of the information in the consumer's credit report," said Jordan Graham, president of FICO Consumer Services. "Now, millions of U.S. consumers, whether they were approved or declined for credit, can at no charge see the credit report or FICO Score their lender used to make the lending decision. FICO launched ScoreInfo.org to help consumers better understand their disclosure notices and how to use that new knowledge to their benefit."

FICO has long believed that educating consumers helps them build a better credit future. For this reason, FICO launched ScoreInfo.org to give consumers important information about their FICO® Score and how it is used in lending decisions, as well as how to manage their credit score to get better credit rates in the future. The site also includes general FICO® Score information—such as median scores by state—and possible next steps for taking control of your financial health.

“ScoreInfo.org is one of FICO’s many commitments to consumer credit education and is an ongoing resource which will be expanded to include other important tools, such as a FICO® Score simulator,” said Graham. “It will also be updated to address further consumer credit regulations that will take effect later in 2011.”

FICO also provides credit score information on the www.myfico.com site, voted by Kiplinger’s as the best place to buy your credit score.

About the FICO® Score
With over 10 billion FICO® Scores used worldwide to empower lenders to make credit decisions, the FICO® Score has become the standard measure of credit risk worldwide. FICO® Scores are used today in more than 20 countries on five continents, as well as all of the top 50 U.S. financial institutions and both the 25 largest U.S. credit card issuers and auto lenders. The latest FICO® Score version, the FICO® 8 Score, has already been adopted by more than 3.000 lenders.

Über FICO
FICO™ (NYSE:FICO) transformiert Unternehmen, indem jede Entscheidung eine Rolle spielt. FICOs Decision-Management-Lösungen vereinen vertrauensvolle Beratung, Analytik von Weltklasse und innovative Anwendungen, die es Organisationen ermöglichen, Entscheidungen in allen Geschäftsbereichen zu automatisieren, zu verbessern und zu vernetzen. In 80 Ländern arbeiten die Kunden mit FICO zusammen, um Kundenbindung und Profitabilität zu steigern, Verluste durch Betrug einzudämmen, Kreditrisiken zu managen, den Anforderungen vonseiten der Behörden und Konkurrenten nachzukommen und rapide Marktanteile zu gewinnen. FICO also helps millions of individuals manage their credit health through the www.myFICO.com website.

Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this news release that relate to FICO or its business are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the success of the Company's Decision Management strategy and reengineering plan, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, its ability to continue to develop new and enhanced products and services, its ability to recruit and retain key technical and managerial personnel, competition, regulatory changes applicable to the use of consumer credit and other data, the failure to realize the anticipated benefits of any acquisitions, continuing material adverse developments in global economic conditions, and other risks described from time to time in FICO's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2010. If any of these risks or uncertainties materializes, FICO's results could differ materially from its expectations. FICO disclaims any intent or obligation to update these forward-looking statements.

FICO and myFICO are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries.

Newsroom-Kontakte

Greg Jawski
Amerika

greg.jawski@porternovelli.com
+1 212-601-8248

Darcy Sullivan
Europa, Naher Osten und Afrika

dsullivan@fico.com
+44 (0) 209-940-8719

Saxon Shirley
Asien-Pazifik

saxonshirley@fico.com
+65 6422-7795

Marisa Arribas
Lateinamerika

marisaarribas@fico.com
+1 786 482 7231

Camila Placa
Brasilien

camilaplaca@fico.com
+55 11 5189-8258