News

The company behind your credit score is plunging on the stock market after a White House announcement
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...
Fannie and Freddie may use new credit scores. Will it help you get a mortgage?
The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
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TransUnion: Credit scores dropping by 60 points on average because of delinquent federal student loans
The pool of consumers potentially falling into the subprime credit tier might grow by nearly 6 million individuals based on ...
FICO’s New Rule Could Drop Your Score—Here’s How to Avoid BNPL Pitfalls
You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...
Federal judge reverses rule that would have removed medical debt from credit reports
A federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have ...
Pulte Updated the Credit Score Policy for Mortgages. That Hit FICO Stock Today.
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
Get the Facts: Medical debt remains on credit reports after judge blocks Biden-era rule
A federal judge has blocked a Biden administration rule that would have removed medical debt from credit reports, affecting ...
New credit scoring model for mortgages could help more people buy homes
Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...
Credit scores will get a buy-now-pay-later update. Here’s what that means.
With BNPL loans exploding in popularity, a change is coming to credit scoring that shows just how mainstream they have become ...