www.oradesibiu.ro/2026/11/07/bancile-anchetate-pen

The Romanian Competition Council has launched an investigation into how banks use FICO scores, suspecting that the system penalizes customers seeking multiple offers and discourages refinancing. The president of the Council, Bogdan Chirițoiu, highlighted concerns that the scoring mechanism may limit competition and hinder customers from switching banks. The FICO score, ranging from 300 to 850, reflects the risk of default based on payment history and debt levels. Customers comparing offers may see their scores drop with each inquiry, potentially deterring them from refinancing. The investigation will assess whether this scoring method violates competition laws, with findings expected by early 2027. This inquiry is separate from the previous ROBOR case, where banks faced significant fines for sharing confidential information.