Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.

This specific credit score is most widely used by lenders, with up to 90% of top lenders using FICO scores to make lending decisions. Notably, there are several different FICO scoring models.

Typically, when using Buy Now, Pay Later loans, consumers pay for a given purchase in four installments over six weeks, in a ...

FICO scores, which range from 300 to 850, fluctuate based on updates to borrower behavior that is tracked by the three major U.S. consumer reporting agencies: Equifax, TransUnion and Experian.