Dear Credit Report Subscriber,

We thank you and appreciate your support and business during this past year.  As you are probably aware, the Credit Reporting Agencies (CRA's) typically impose annual price increases, and this coming year is no exception.  You may have already been made aware, but this year in particular will be impacted significantly by changes in Fair Isaac’s (FICO) royalty arrangements with the CRA’s for distribution of their FICO credit scoring models.

Despite the annual increases and the additional costs associated with security and regulatory compliance, we strive to be as conservative as possible in passing those increased costs along to our customers.  We are not only the leader in our industry with our products and services, but also continue to be very price competitive as well.  As a result of the new FICO arrangements with the CRA’s, there will be a new FICO credit score surcharge assessed across all three bureaus:  Equifax, Experian, and TransUnion.  We are still awaiting final determination and notification from Equifax and Experian as to the actual surcharge amount and effective date, and we will keep you informed.  In the meantime, please consider this as notification of changes to our current Subscriber Service Agreement and Fee Schedule effective January 1, 2019 (reflected on invoices beginning February 2019):

If you have any questions or need further information, please don’t hesitate to call us at (800) 448-0183.  We appreciate your business and look forward to continuing a successful and rewarding relationship.

Sincerely,

Credit Bureau Connection, Inc.