Your credit score plays a huge role in your ability to borrow money, whether in the form of a credit card, mortgage, or auto loan. A higher credit score indicates that you're good at managing your ...

ET - The Federal Housing and Finance Agency decision allowing mortgage lenders to look at another credit score measure besides Fair Isaac Corp.'s FICO scores when assessing applicants is unlikely to ...

FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...

Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...

Fair Isaac shares retreated following Freddie Mac and Fannie Mae's decision to accept another measure when assessing mortgage borrowers, adding competition to the company's FICO credit score model.

You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...

With BNPL loans exploding in popularity, a change is coming to credit scoring that shows just how mainstream they have become ...

Services that split up payments into installments are increasingly popular, especially among young and low-to-middle income ...

Believing these common credit card myths could drag down your score. Learn the truth and build your credit the smart way.

How consumers use “buy now, pay later” loans will be incorporated into one of the key metrics used to determine credit worthiness.

FICO believes the new model will responsibly expand access to credit, particularly for younger consumers or those with ...

Maxing out a credit card is bad, but Buy Now, Pay Later is basically you maxing out a short-term credit line and then paying it down.” In Monday’s announcement, FICO indicated it developed a “novel” ...