Equifax Extends $1 VantageScore 4.0 Pricing Through 2028 as Nearly 2,000 Lenders Adopt

PR Newswire··US·Read original
3▲3 ▼0Impact / 5
Summary · why it matters

Equifax said nearly 2,000 mortgage lenders and resellers are taking advantage of its offer of free VantageScore 4.0 credit scores with paid legacy scores, and it will hold $1 VantageScore 4.0 mortgage credit score pricing through the end of 2028. The company reported a 230% increase in VantageScore 4.0 credit scores pulled between April 2026 and August 2026 for mortgages, and said more than 165 lenders are exclusively using VantageScore 4.0 at the $1 price for certain types of loans. Equifax said the $1 pricing is meant to expand industry adoption, reduce loan acquisition costs and drive a potential $1 billion in cost savings for the industry and consumers from the cost difference among score providers. The adoption follows Federal Housing Finance Agency approval of VantageScore 4.0 for use in Fannie Mae and Freddie Mac mortgages, a decision Equifax CEO Mark W. Begor credited to FHFA Director William Pulte and Housing and Urban Development Secretary Scott Turner. Equifax said VantageScore 4.0 uses up to 24 months of trended data and alternative data such as rental, utility and telco payment histories, and can deliver a 20% lift in originations, while the company remains the only Nationwide Consumer Reporting Agency to provide alternative data insights alongside tri-merge consumer credit reports for the mortgage market at no additional cost to lenders.

Impact on assets 3

Financials▲
Freddie Mac
0IKZ
▲ PositiveRegulationrelevance

FHFA approval of VantageScore 4.0 for use in Fannie Mae and Freddie Mac mortgages enables the score's adoption in the GSE mortgage market.

Fannie Mae
0IL0
▲ PositiveRegulationrelevance

FHFA approval of VantageScore 4.0 for use in Fannie Mae and Freddie Mac mortgages enables the score's adoption in the GSE mortgage market.

Cybersecurity & Digital Trust▲
Equifax Inc
EFX
▲ PositivePricingrelevance

Equifax holds $1 VantageScore 4.0 mortgage score pricing through 2028, expanding adoption to nearly 2,000 lenders and driving industry cost savings.

Off-coverage companies 1

VantageScore Solutions, LLCi
Private▲ PositiveDemandrelevance

Nearly 2,000 lenders adopting VantageScore 4.0 and a 230% increase in scores pulled signal growing end-customer demand for the score.