** Shares of U.S. credit bureau Equifax EFX.N rise 3% premarket to $245
** Co on Tuesday says it
plans to offer
its VantageScore 4.0 credit score service at more than 50% below market leader Fair Isaac Corp FICO.N, commonly known as FICO.
** FICO last week unveiled plans to sell its credit scores directly to mortgage lenders and resellers
** The move, which could potentially cut out credit bureaus like Equifax, sent major bureau stocks diving
** Shares of FICO fall 2.6% to $1,830 before the bell
** As of last close, EFX shares have fallen 6.6% YTD, while FICO is down 5.6%
(Reporting by Ateev Bhandari in Bengaluru)
((Ateev.Bhandari@thomsonreuters.com;))