The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for borrower applications.

In general, it’s better to get a home equity loan with bad credit. A home equity loan often has a lower credit score ...

For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...

Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...

From paying bills on time to requesting a credit increase, these simple steps can boost your credit and make it easier (and ...

To boost your credit score above 750, avoid closing old credit cards, pay bills on time, maintain credit utilization under 30%, and have a mix of secured and unsecured credit. Regularly check ...

Paying off a loan may lower your credit score, but if you practice good credit habits the effect will be minimal. Paying off a loan early can reduce your debt-to-income ratio, which can benefit ...

Insurance companies typically don't use a FICO credit score to help calculate your rates - they use an insurance credit score. Here's what is and why it matters.

Services that split up payments into installments are increasingly popular, especially among young and low-to-middle income ...