EXHIBIT NO. 01.2


FACTUAL DATA CORP.
5200 Hahns Peak Drive
Loveland, CO 80538

CONTACT:
Daena Lee
Factual Data Corp.
(970) 663-5700

FOR RELEASE ON:
July 9, 2001

           FACTUAL DATA CORP. RAISES OVER $5 MILLION IN EQUITY CAPITAL

LOVELAND, Colo., July 9, 2001...Factual Data Corp., (Nasdaq: FDCC),
www.factualdata.com, a leading e-business provider of information solutions to
businesses, government sponsored enterprises and individuals nationwide,
announced today that it raised $5.2 million from the exercise of 725,759
Redeemable Common Stock Purchase Warrants ("Warrants"). Factual Data's Common
Stock and Warrants were initially offered together as Units on the Common Stock
at the Company's Initial Public Offering on May 13, 1998. Each Warrant entitled
the holder to purchase one share of common stock at $7.15. The Warrants traded
on the NASDAQ National Market under the symbol FDCCW and expired on June 30,
2001.

The net proceeds of the 725,759 exercised Warrants are estimated to be $5
million after payment of broker's fees and other expenses. The net proceeds will
be used for acquisitions pursuant to the Company's consolidation plan,
retirement of debt, technological development and working capital.

Jerry Donnan, chairman and chief executive officer, commented that, "The large
number of Warrants that were exercised is indicative of the strength of our
Company and of our plan. We have a proven track record of successful, profitable
acquisitions and the best Web-based delivery platform in the industry." Donnan
continued, "The market for our Web-based information services is vast and runs
the gamut from mortgage and consumer credit reporting to portfolio scoring to
fraud detection and so much more."

Factual Data Corp. is a Colorado-based e-business provider of information
services to the mortgage and consumer lending industries, employers, landlords
and other business customers located throughout the United States. The Company
markets its services through its website, www.factualdata.com, and nationally
through offices located in most major metropolitan areas. Factual Data's common
stock trade on the NASDAQ National Market under the symbol FDCC. For more
information visit www.factualdata.com.

"Safe Harbor" Statements under the Private Securities Litigation Reform Act of
1995 - With the exception of historical information, the matters discussed in
this press release are forward looking statements that involve a number of risks
and uncertainties. The actual future of the Company could differ significantly
from those statements. Factors that could cause or contribute to such
differences include, but are not limited to, changes in interest rates; the
effectiveness of the Company's marketing campaign; the response of the mortgage
industry; strength of market demand for the Company's services; the effects of
seasonality in the housing market; competition; the success of the Company's
consolidation plan; the Company's ability to manage growth; and the Company's
ability to successfully develop and market new report services. Please refer to
documents that the Company files from time to time with the Securities and
Exchange Commission for a discussion of certain factors that could cause actual
results to differ materially from those contained in the forward-looking
statements.

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