Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...

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

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

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

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.

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.