1446 ET - Fair Isaac Corp. Chief Executive William Lansing says credit bureaus are in favor of a tri-merge system (where lenders pull credit data from all three bureaus) rather than a bi-merge system (where lenders can choose just two bureaus to pull from). Lansing acknowledges the tri-merge system gives bureaus a monopoly, but argues that pulling from two bureaus could result in less trustworthy credit data. "You're going to have gaming, you're going to have adverse selection," he says. "There's a cost to be paid for that." FICO, which provides credit scores to bureaus, benefits more from a tri-merge system because it requires more score pulls per lending application.(katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

January 29, 2026 14:46 ET (19:46 GMT)

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