FICO says it is experiencing wider use of its credit-scoring models for the securitization of equipment installment plan receivables by wireless carriers.  

The analytics software company reported Monday it has seen an increased demand from telecommunications providers using the scores as part of their plans to bundle the device equipment financing plans into asset-backed vehicles. The fledgling securitization asset-class will provide a new “multi-million dollar market” for FICO scores, the company stated.

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