Equifax Extends Discounted VantageScore 4.0 Pricing as Lenders Adopt Model

Nearly 2,000 mortgage lenders and resellers are adopting VantageScore 4.0, an alternative data-driven credit scoring model, as the mortgage industry shifts away from older scoring frameworks, according to Equifax.

To accelerate that transition, Equifax announced it is extending its $1 VantageScore 4.0 pricing through the end of 2028. The company said the move is designed to lower barriers to adoption, reduce costs for lenders, and improve homeownership affordability for borrowers who may be better served by a model that incorporates modern, alternative data sources.

Read more Equifax Launches Tool to Help Lenders Navigate Dual Credit Score Era →

VantageScore 4.0 differs from legacy scoring models by drawing on a broader set of consumer financial data, potentially expanding credit access to borrowers with thin or nontraditional credit histories. Industry analysts have noted that the shift toward updated scoring models has been a priority for housing finance regulators and government-sponsored enterprises in recent years, as officials seek to reduce credit gaps among underserved populations.

The scale of lender participation — approaching 2,000 institutions — signals meaningful momentum for a scoring model that has faced a long road to mainstream mortgage adoption. Equifax's pricing commitment through 2028 gives lenders a multi-year window to integrate the model into their underwriting pipelines without absorbing significant incremental data costs.

The announcement underscores a broader industry realignment around credit scoring infrastructure, with cost incentives now explicitly tied to adoption timelines. Continue reading at All Financial Services & Investing.