FICO has said it will introduce buy-now-pay-later loan data into its credit-scoring models Changes are coming to your credit score. As people worry about tariff-induced price hikes and the outlook for ...

By next summer, new borrowers will have just two repayment options, streamlining the previous menu to pay off ...

When Federal Housing Finance Agency Director William Pulte took to social media to announce that Fannie Mae and Freddie Mac ...

Mass student loan defaults could hurt the economy if borrowers have less money and feel unable to take financial risks, such ...

Treating your credit score with consistency is preferable to employing 'tricks.' It encourages fiscal responsibility.

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 ...

Pay Later gains traction, experts warn that rising defaults could hurt consumers’ credit scores, stressing the need for ...

The pool of consumers potentially falling into the subprime credit tier might grow by nearly 6 million individuals based on ...

Freddie Mae and Fannie Mac are now allowed to calculate rent history in the algorithm for determining credit history loan approval.

BNPL companies like Afterpay and Klarna will begin reporting users’ loans and payments to FICO, the company behind the most ...