Rossman believes that customers who pay their debts promptly should be fine under the new rules, but hedges his bets despite FICO assurances. "Things like frequent opening and closing of accounts ...

A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO ...

A federal judge has struck down a Biden-era rule which would have eliminated medical debt from Americans credit reports.

How Credit Scores Work Let’s start with a quick refresher: Your credit score is essentially a snapshot of your creditworthiness.

From canceling old cards to cosigning for loved ones, these surprising missteps can quietly hurt your score. Learn what affects credit (and what to do about it) in this expert-backed guide.

Sure, with the you can earn big rewards on PlayStation spending and in other areas, like internet and dining, but you can ...

A perfect credit score of 850 is hard to attain. According to recent data from Experian, one of the three major credit bureaus, only about 1.5% of U.S. consumers have a perfect FICO score of 850 ...

Boosting your credit score involves avoiding some actions and taking some proactive, affirmative steps as well. Combine them for the best possible outcome.

Your credit score is a three-digit number that can play an outsize role in your financial life. Essentially, it is a numerical representation of your risk to creditors — i.e. how likely you are to ...

CNBC Select explains what a credit score is, how it impacts your life and how you can check your credit score for free.

Rather, "student loans affect your credit score in much the same way other loans do: Repaying the loan on time will strengthen your credit; paying late will hurt it," said NerdWallet.

Eyewitness News spoke to experts with tips on how to help improve your financial literacy, and in turn, build your credit score.