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COMMEMORATING THE 20TH ANNIVERSARY OF MYFICO.COM
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HON. DEAN PHILLIPS
of minnesota
in the house of representatives
Friday, March 19, 2021
Mr. PHILLIPS. Madam Speaker, I rise today to commemorate the 20th Anniversary of myFICO.com.
Two decades ago, on March 19, 2001, FICO, a pioneer in the development of credit scoring, launched an online website, myFICO.com, recognizing the need for greater transparency and education in the consumer credit empowerment space. my FICO.com quickly became a go-to destination for consumers accessing their credit reports, FICO Scores and FICO Score explanation. More importantly, the site became a resource for any consumer to receive free educational information and tools that help individuals better understand what actions impact their overall credit health.
Over this time, the site developed myFICO Forums, a robust crowd source community, which has become a valuable free resource for consumers to get unfettered credit-related information from their peers. The site now contains a popular blog as well as a series of credit education videos.
Understanding credit scores and developing financial literacy is not an easy pursuit. For 20 years, myFICO has been assisting millions of people become educated consumers and gain access to credit to enhance their lives.
Madam Speaker, I ask my colleagues to join me in celebrating myFICO's twenty years of contributions to our constituents and communities.
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SOURCE: Congressional Record Vol. 167, No. 52
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