FICO, the company behind the most widely used credit scoring models in the U.S., has developed two new algorithms that, for ...

President Donald Trump's administration announced this week that mortgages sold to Fannie Mae and Freddie Mac will now accept VantageScore credit scores.

Home loans are a long-term transaction that can extend for 20-30 years. As a result, it significantly impacts your monthly ...

Like it or not, your credit score is important. It tells creditors how responsible you’ve been with your past debts. Cre ...

When considering the best credit score to buy a house, many lenders use the FICO model. It grades consumers on a scale ranging from 300 to 850, with a higher score indicating less risk to the lender.

Dive into credit card ownership statistics, including rejection rates, broken down by age, income, and race and ethnicity.

The average credit score in America is 715, unchanged from the previous year. Find out how yours compares in this full report by Motley Fool Money.

The minimum credit score for a traditional mortgage is often 680. If you have bad credit, other options are available.

Millennials average a credit score of 690, and Gen Zers come in at 680. For reference, the qualifying credit score for most conventional home loans is 620, according to Rocket Mortgage.

A 680 credit score puts you in a strong financial position, but there’s still room for improvement. By paying on time, keeping your credit utilization low, and monitoring your credit report, you can ...

The average credit score is 715, according to Experian data. A score in this range is considered good, and loan approval is likely for people with credit scores above 680.