FNB provides credit scores free to cardholders

Font Size:
Default font size
Larger font size

Posted: Wednesday, November 6, 2013 12:00 am

First National Bank of Omaha credit card holders will soon be able to view their credit scores for free, as part of a partnership with credit scorer FICO.

First Bankcard, the credit card unit of the largest bank based in Nebraska, said Monday FICO credit scores will be available to cardholders for free via the online account system, at no cost.

"We want to take the mystery out of credit card lending decisions and help educate cardholders on the factors contributing to their personal financial health," said Stephen Eulie, president of First Bankcard.

The program will be rolled out in phases to cardholders, First Bankcard said, with First National Bank of Omaha card customers first in line. It will then expand to customers of the more than 400 partners with which First Bankcard has agreements to issue credit cards, such as Union Bank, Overstock.com, and Scheels All Sports,

The FICO scores give lenders a snapshot of a person’s credit risk based on their individual credit history. The score was created by and named after Fair Isaac Corp., a California-based company that was one of the pioneers of consumer credit-scoring in the 1950s.

Copyright ©2014 Omaha World-Herald. All rights reserved. This material may not be published, broadcast, rewritten, displayed or redistributed for any purpose without permission from the Omaha World-Herald. To purchase rights to republish this article, please contact The World-Herald Store.



Inside Business
To submit an announcement for "Inside Business", click here. For questions call (402) 444-1371 or e-mail announcements@owh.com.

World-Herald Alerts

Want to get World-Herald stories sent directly to your home or work computer? Sign up for Omaha.com's News Alerts and you will receive e-mails with the day's top stories.