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July 18, 2007
(Minneapolis, Minnesota, USA) - Fair Isaac Corporation (NYSE:FIC), the pioneer of the FICO® credit score used by most lenders to evaluate consumer credit risk, today announced the online availability of Suze Orman's FICO® Kit Platinum on www.myFICO.com.
Developed jointly by Fair Isaac and personal finance expert and best-selling author Suze Orman, the upgraded platinum edition of this popular product provides customers with new and improved tools for taking control of their credit, including:
"By adding several special tools, we've made a great consumer kit even better for getting the most out of your credit," said Andy Jolls, vice president of myFICO for Fair Isaac. "Of course, you still get Suze Orman's deep expertise and coaching, plus access to your FICO scores and credit reports. But the new Suze Orman's FICO Kit Platinum also provides new tools to help you save on new loans, manage your everyday bills and ultimately eliminate debts entirely. It's the single most important credit tool kit on the market today."
"This kit shows you how important the FICO credit score is for bringing wealth into your home," said Suze Orman. "The higher the score, the lower your interest rates and the more cash you have to buy a house or car, or pay down debts. When you buy the new platinum kit, you learn how to negotiate interest rates based on your FICO score, set up automatic bill payment reminders and potentially save thousands of dollars on home and car loans."
In addition to the new tools, Suze Orman's FICO® Kit Platinum continues to provide many standard features including three prepaid credit reports, three prepaid FICO® credit scores, and unlimited use of the FICO® Score Simulator. Personal finance expert and best-selling author Suze Orman developed the original FICO® kit in partnership with Fair Isaac in 2004 as an effective way to help consumers enhance their credit while strengthening their financial future.
About Suze OrmanUSA Today has called Suze Orman "a force in the world of personal finance" and a "one-woman financial-advice powerhouse." She is a two-time Emmy award winner and the author of six consecutive New York Times bestsellers. Suze has written, co-produced, and hosted six PBS specials based on those books, and is the most successful single fundraiser in the history of public television. She hosts her own national award winning CNBC-TV show, which airs every Saturday night in the U.S. and 18 additional countries. She is the contributing finance editor to O: The Oprah Magazine, the Costco Connection Magazine and for Money Matters on Yahoo's personal finance site. As the top female motivational speaker in the U.S., Suze focuses on helping people change the way they think, feel and act with their money.
About myFICO® and Fair IsaacThe FICO® credit score is used to make billions of credit decisions each year, including more than 75 percent of mortgage loan originations. In addition, more than 90 of the nation's 100 largest financial institutions rely on the FICO score to help them determine an individual's credit risk. Through www.myFICO.com, consumers use the company's FICO® scores, the standard measure of credit risk, to manage their financial health.
Fair Isaac Corporation (NYSE:FIC) combines trusted advice, world-class analytics and innovative applications to help businesses make smarter decisions. Fair Isaac's solutions and technologies for Enterprise Decision Management turn strategy into action and elevate business performance by giving organizations the power to automate more decisions, improve the quality of their decisions, and connect decisions across their business. Clients in 80 countries work with Fair Isaac to increase customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share. Fair Isaac also helps millions of individuals manage their credit health through the www.myFICO.com website.
Fair Isaac Statement Concerning Forward-Looking InformationExcept for historical information contained herein, the statements contained in this press release that relate to Fair Isaac, including statements regarding its FICO® credit score, and the relationship described herein, and the benefits to be derived from the offering, 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 any unforeseen technical difficulties related to the implementation, use and functionality of the offering, the risks that customers will not perceive material benefits from the offering, failure of the product to deliver the expected results, the possibility of errors or defects in the offering, regulatory changes applicable to the use of consumer credit and other data, and other risks described from time to time in Fair Isaac's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2006, and quarterly report on Form 10-Q for the period ended March 31, 2007. Forward-looking statements should be considered with caution. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, Fair Isaac's results could differ materially from Fair Isaac's expectations in these statements. Fair Isaac disclaims any intent or obligation to update these forward-looking statements.
Fair Isaac, myFICO and FICO are trademarks or registered trademarks of Fair Isaac Corporation in the United States and/or in other countries. Other product and company names herein may be trademarks or registered trademarks of their respective owners.
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