Fair Isaac Corporation (FICO) recently announced its intentions to offer consumer credit reports for employment
and other options in Spanish to accommodate its growing number of Spanish-speaking customers. FICO, the company behind the most widely used credit scores in the nation, felt it necessary to offer the option because the Hispanic population in the United States has grown from 13 percent to 16 percent over the past decade, the Boston Globe reports. "Today more than ever, American consumers need information, insight and tools that can help improve their understanding of how credit works in the U.S. financial marketplace," said Mark Greene, CEO of FICO. "We felt it was essential to extend the award-winning resources on myFICO.com to the more than 34 million native Spanish-speaking consumers in the U.S. and Puerto Rico." Visitors to the FICO website can now toggle to the myFICO en Espanol page, which is "designed to mirror the English language version," the Globe notes. Financial education materials, prices and products are also translated directly from the English site. Users have the option of purchasing a basic credit score and report for $20 dollars or a monthly package with three FICO scores and reports from the Big Three reporting companies - Experian, Trans Union and Equifax.