COSTA MESA, Calif.—Experian has introduced new credit scoring offers for the U.S. mortgage market, through the Experian Score Choice Bundle, which includes a free VantageScore 4.0, the company said.
“The Experian Score Choice Bundle is a uniquely comprehensive package of credit data and trended data and includes score choice, all available within the market leading Experian Ascend platform. The bundle will provide lenders with both VantageScore 4.0 and FICO 2 on every mortgage transaction,” Experian explained.
Specifically, the Experian Score Choice bundle will include:
- One fee for the credit profile with trended data
- One fee for data used to process both scores: VantageScore 4.0 and FICO 2
- A fee to account for additional risk and operational complexity associated with third-party processing (if applicable)
- Any royalty charged by the score algorithm providers (if applicable)
By offering a free VantageScore 4.0 indefinitely, Experian is giving mortgage lenders time to evaluate the full benefit of VantageScore during the underwriting process. If Experian does charge, it will offer VantageScore 4.0 for at least a 50% discount compared to what FICO charges for its score. Experian’s pricing reflects that the primary value lies in the data and not the score,” the company said.
“We believe our new offer will lower costs to American consumers seeking a home, introduce more choice for lenders and further our mission to drive wider financial inclusion. In a move we have long advocated for, we expect to usher in a more competitive market for scores centered on our high-quality data, wider VantageScore 4.0 adoption and supported by the breadth of our Ascend analytical and platform capabilities,” Experian said.
The company noted that its FY26 financial guidance and medium-term financial framework are unaffected by this new offer.