News

Opening and closing credit cards can also damage your credit score, per this warning from FICO (FICO). What does it all mean? Unexpected life events such as job loss or an emergency can throw your ...
The rule exceeds the authority of the Consumer Financial Protection Bureau and violates the Fair Credit Reporting Act, Judge ...
Shoppers are concerned about the economy, and they have reason to be. Consumer confidence declined last month.
When Federal Housing Finance Agency Director William Pulte took to social media to announce that Fannie Mae and Freddie Mac ...
FICO, the company behind the most widely used credit scoring models in the U.S., has developed two new algorithms that, for ...
Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...
The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.
With BNPL loans exploding in popularity, a change is coming to credit scoring that shows just how mainstream they have become ...
NEW YORK (AP) — Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans ...
How Often Do Credit Scores Update? There isn’t one fixed day when credit scores update monthly. Instead, scores can change multiple times each month.