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The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...
President Donald Trump's administration announced this week that mortgages sold to Fannie Mae and Freddie Mac will now accept VantageScore credit scores.
Ramp reports that business credit cards are available for varied credit scores, including secured and corporate options for ...
Mortgage lenders can now use the VantageScore 4.0 model when originating loans backed by Fannie Mae and Freddie Mac, which ...
A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.
Having a poor credit score makes it more difficult to get a personal loan, but there are options.
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
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 ...
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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 ...