[Congressional Record Volume 167, Number 52 (Friday, March 19, 2021)]
[Extensions of Remarks]
[Pages E283-E284]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




            COMMEMORATING THE 20TH ANNIVERSARY OF MYFICO.COM

                                 ______
                                 

                           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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