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 ...

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

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.

Most major card issuers now give cardholders free access to their credit score, whether FICO or another version. Many or all of the products on this page are from partners who compensate us when ...

Barry Paperno serves as consumer affairs manager for myFICO.com and community manager for the myFICO Forums online community. He has assisted consumers and advised lenders on FICO credit scoring ...

The FICO 10 scoring model is slated for a summer release and could cause your credit score to drop 20 points as the model looks at past debt and balances.

Credit mix (10%): How much of your available credit comes from credit cards versus installment loans like mortgages or personal loans. As for what is a good FICO score, available scores range from ...

Credit mix (10%): How diversified your credit portfolio is will also impact your score. It's better to have a mix of products, like mortgages, auto loans, student loans and credit cards. FICO ...

A perfect FICO credit score is 850, but experts tell CNBC Select you don't need to hit that target to qualify for the best credit cards, loans or interest rates.

SAN JOSE, Calif., March 12, 2024--If you’re considering applying for a new credit card, you’ve likely noticed that you have a lot of options to consider. There’s a wide variety of credit ...

FICO Score XD provides a score for borrowers who don't have traditional credit. FICO Score XD2 is the latest version. ... Not only are you rejected for loans and credit cards if you are unscored, ...