HomeFree-USA announces the Experian CreditCenter, a free tool, backed by FICO, to empower potential homebuyers.
This initiative is an extension of Experian’s ongoing partnership with HomeFree-USA, “aimed at promoting financial inclusion and supporting the path to homeownership in the United States.”
The resource is available to 5,000 potential U.S. homeowners, at no cost to them.
Through the Experian CreditCenter, users will be able to access their:
- Experian Credit Report
- FICO Score 2
- FICO Score Simulator
- FICO Score Planner
- FICO Score Tracker
Milan Griffin, chief operating officer at HomeFree-USA.
“Credit is a barrier for far too many prospective homeowners. The Experian CreditCenter may be able to help accelerate buyers’ path to mortgage readiness and offers housing counselors insight to better assist their clients. Many thanks to Experian for offering this in-kind donation,”
Michele Bodda, president of Experian Employer Services, Verification Solutions and Housing said:
“Homeownership is a crucial step in building generational wealth. By furthering our work with HomeFree-USA and offering the Experian CreditCenter, we can provide more consumers with tools and resources necessary to support their dreams of owning a home a reality.”
New Experian research shows that “among U.S. adults who don’t believe or are not sure if homeownership is attainable to them, almost 70% say home prices are the biggest barrier followed by the amount of money needed for a down payment and a low credit score.”
The Experian CreditCenter puts “potential homeowners in the driver’s seat to take control of their credit profile.”
The FICO Score 2 presented by the Experian CreditCenter “is provided by FICO at no cost to support the HomeFree-USA partnership.”
Geoff Smith, vice president and general manager of Consumer Scores at FICO said:
“FICO is happy to partner with Experian and HomeFree-USA to help unlock more opportunities for potential homeowners. The Experian CreditCenter will provide the FICO® Score as well as FICO® Score tools and content for free, enabling homeowners across the US to have insight into their FICO® Score and credit health to take better control of their financial future.”
Experian, a global data and technology leader, provides “continuing education and resources to HomeFree-USA counselors and created the Experian Credit Academy, a credit education and financial literacy curriculum for its Center for Financial Advancement which reaches hundreds of university scholars and culminates in the #IYKYK Pitch Competition.”
The Experian CreditCenter will be available “until June 30, 2026.”
HomeFree-USA is a nonprofit started “by Marcia and Jim Griffin in 1994 with a vision to close the homeownership gap.”
As a HUD-intermediary, HomeFree-USA serves the “interests of 6.3 million consumers through its nationwide network of over 50 affiliated community-based nonprofits that specialize in guiding people to first-time homeownership, sustainability and increased financial capacity.”
