FICO (NYSE:FICO) reports wider adoption of its FICO Score 10T credit scoring model among community lenders. The company also ...

FICO today announced that more than 40 lenders have now joined the FICO® Score 10T Adopter Program for non-conforming ...

FHFA and Fannie Mae have eliminated rigid minimum credit score floors (like 620) for conventional mortgages Lenders now can ...

FICO and VantageScore credit scores are the two most common types of personal credit scores. Business credit scores use ...

As you get familiar with your credit, you’ll quickly realize multiple types of scores exist. Although both FICO scores and credit scores exist, understanding which one lenders use can be helpful.

Many consumers have been using buy now, pay later payment options like Affirm, PayPal Credit or Klarna — surveys put usage at 20% to 30%. It’s not only convenient, but some people also like that these ...

A credit score is a number that rates a consumer’s creditworthiness. The higher the score, the better a borrower looks to ...

NEW YORK -- It may soon be harder for many of us to get loans and open new credit. FICO, the system which calculates credit for roughly 110 million Americans, is changing the way it assigns scores, ...

Got FICO? Drop below 700, and you’ll be limited to loans carrying the highest interest rates or often no loans at all. Sound outdated? It is.

“By far, FICO Scores are the dominant method to measure asset-backed securitization risk. There is some noise claiming alternative scores have traction, but if you look at the few firms that moved ...

What is a good credit score? Here’s what experts say - Having a good credit score opens the door for lower interest rates on ...