FICO is transforming credit education for America's students. FICO is announcing a strategic partnership with financial literacy education platform, Banzai, that will deliver comprehensive FICO®? Score and credit education to millions of K-12 students across more than 70% of U.S. schools.
FICO is driving action to ensure that the next generation of Americans understand credit fundamentals before graduation. The partnership will integrate FICO's Score A Better Future®? Fundamentals --a free credit education program that equips teens with practical knowledge about how financial decisions made early in life can shape their futures-- into Banzai's platform.
The collaboration will also expand with the addition of new FICO Score®? credit educational resources for 150,000 teachers nationwide who already use Banzai in the classroom. Students will engage in consequence-free simulations that let them choose credit cards, see how payments affect their credit scores in real time, and build habits that support long-term financial health.
This partnership comes as financial literacy education accelerates nationwide. Thirty states now require high schoolers to take personal finance courses before graduation, with 10 fully implemented and 20 more working toward implementation by 2030. FICO's consumer survey conducted by The Harris Poll validates this trend, finding that 79% of Americans believe high schools should offer financial education, yet 28% of Gen Z adults don't consider themselves financially literate.
