[vegetablepotpie]

> FICO prohibits not only validating different models against FICO scores, but even displaying FICO scores next to non-FICO scores.

The problem is that your competition is engaged in anti-competitive practices. Any bank can make an underwriting model, and the large banks already have enough data to pull it off. They haven’t done it, and they won’t do it because the agreements they’ve made with FICO makes implementing that impossible and Government agencies require FICO.

If a startup wants to change this, they better get real good at lobbying because government policy is the biggest constraint.