FICO shares fell as Fannie Mae and Freddie Mac will now permit lenders to use VantageScore 4.0. This decision increases ...

Keep reading for a breakdown of why joint credit cards are probably ... affected by closing a credit card and — since that's ...

With BNPL loans exploding in popularity, a change is coming to credit scoring that shows just how mainstream they have become ...

Mortgage lenders can now use the VantageScore 4.0 model when originating loans backed by Fannie Mae and Freddie Mac, which ...

Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...

FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...

Fair Isaac shares retreated following Freddie Mac and Fannie Mae's decision to accept another measure when assessing mortgage borrowers, adding competition to the company's FICO credit score model.

FICO said it'll start including buy now pay later in credit scores. That could hurt the growing share of users who are ...

The good credit score range includes all FICO credit scores between 670 and 739. However, many people consider “good credit” to include any FICO score higher than 670.

Key Takeaways 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 ...

The best personal loans for fair credit offer affordable rates and favorable terms to borrowers with fair credit (scores between 580 and 669 on the FICO scale). We compared 44 lenders to determine ...