FICO Research Brief: Impact of the CRAs’ Enhanced Public Record Standards on FICO® Scores
Background: The National Consumer Assistance Plan (NCAP) is a comprehensive series of initiatives intended to evaluate the accuracy of credit reports, the process of dealing with credit information and consumer transparency. As part of NCAP, the consumer reporting agencies (CRAs) — Experian®, Equifax® and TransUnion® — are changing the data standards and service level requirements of the public record data they maintain.
Take the next step
Connect with FICO for answers to all your product and solution questions. Interested in becoming a business partner? Contact us to learn more. We look forward to hearing from you.