Your score is constantly changing because lenders regularly provide new information about you to the credit bureaus. For ...

The FHFA announcement directs Fannie Mae and Freddie Mac to permit lenders to choose between two approved credit score models – Classic FICO and VantageScore 4.0 – for loans sold to Fannie Mae and ...

Credit-scoring models have various ranges — from “poor” or “subprime” to “excellent” or “super-prime” — depending on the model. The average credit score in 2024 was 715, according to Experian. That ...

FICO announced it will begin factoring Buy Now, Pay Later (BNPL) loans into scoring models. FICO, the creator of America’s most widely used credit-score system, will begin factoring Buy Now, Pay Later ...

SAN FRANCISCO , April 17, 2025 /PRNewswire/ -- National credit scoring leader VantageScore today announced the launch of its newest tri-bureau credit score model, VantageScore 5.0. Building on ...

The companies that buy up the majority of the country’s home loans will now accept a second credit scoring model for mortgages — a change that could help underrepresented borrowers qualify for ...

Tala execs say proprietary data and adaptive underwriting could unlock lending for entrepreneurs shut out of traditional ...

FICO announced that two new scores coming this fall will incorporate BNPL activity. The new scores will treat BNPL differently from other credit and loan products. Consumers who use BNPL responsibly ...

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...

If you’re preparing to buy a home, you probably know that one of the most important criteria that lenders will consider is your credit score. But are the credit scores they look at the same ones that ...

Lenders now approve more low-credit applicants using cash-flow underwriting, alternative data, updated scoring models and ...