Sunday, June 24 , 2018, 4:45 am | Overcast 64º

 
 
 

Reyne Stapelmann: FICO Scores Available to Financially Struggling Consumers

FICO recently announced that its popular FICO Score Open Access program is expanding to provide FICO scores to approximately 1 million consumers annually who are in need of credit and financial guidance through qualified nonprofit credit counselors and participating government entities.

FICO Score Open Access is enabling tens of millions of Americans to regularly receive — at no cost — the actual FICO scores purchased and used by lenders.

FICO Score Open Access for Credit & Financial Counseling, as the program expansion is called, has been designed to aid consumers who have credit management problems by providing FICO scores along with credit education material that helps consumers understand credit scoring and learn about responsible financial health management.

At the same time, Experian, one of FICO’s credit bureau partners, has agreed to allow qualified credit counselors to share Experian credit reports with its clients — providing important additional information to consumers who are struggling financially.

Click here for more information.

Taken from California Association of Realtors Newsline, April 22.

Reyne Stapelmann is a broker associate with Berkshire Hathaway Home Services, California Properties and the 2015 president of the Santa Barbara Association of Realtors. Contact her at [email protected] or 805.705.4353. The opinions expressed are her own.

Support Noozhawk Today

You are an important ally in our mission to deliver clear, objective, high-quality professional news reporting for Santa Barbara, Goleta and the rest of Santa Barbara County. Join the Hawks Club today to help keep Noozhawk soaring.

We offer four membership levels: $5 a month, $10 a month, $25 a month or $1 a week. Payments can be made through PayPal below, or click here for information on recurring credit-card payments.

Thank you for your vital support.

Become a Noozhawk Supporter

First name
Last name
Enter your email
Select your membership level
×

Payment Information

You are purchasing:

Payment Method

Pay by Credit Card:

Mastercard, Visa, American Express, Discover

Pay with Apple Pay or Google Pay:

Noozhawk partners with Stripe to provide secure invoicing and payments processing.

  • Ask
  • Vote
  • Investigate
  • Answer

Noozhawk Asks: What’s Your Question?

Welcome to Noozhawk Asks, a new feature in which you ask the questions, you help decide what Noozhawk investigates, and you work with us to find the answers.

Here’s how it works: You share your questions with us in the nearby box. In some cases, we may work with you to find the answers. In others, we may ask you to vote on your top choices to help us narrow the scope. And we’ll be regularly asking you for your feedback on a specific issue or topic.

We also expect to work together with the reader who asked the winning questions to find the answer together. Noozhawk’s objective is to come at questions from a place of curiosity and openness, and we believe a transparent collaboration is the key to achieve it.

The results of our investigation will be published here in this Noozhawk Asks section. Once or twice a month, we plan to do a review of what was asked and answered.

Thanks for asking!

Click Here to Get Started >

Reader Comments

Noozhawk is no longer accepting reader comments on our articles. Click here for the announcement. Readers are instead invited to submit letters to the editor by emailing them to [email protected]. Please provide your full name and community, as well as contact information for verification purposes only.

Daily Noozhawk

Subscribe to Noozhawk's A.M. Report, our free e-Bulletin sent out every day at 4:15 a.m. with Noozhawk's top stories, hand-picked by the editors.

Sign Up Now >