Key Points ・FICO is launching a new credit score model that includes BNPL loans. ・Consumers may see their scores rise or fall ...

The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...

Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...

Americans now have a new credit option to use when applying for a mortgage, and it allows them to use their rent payments as ...

Typically, when using Buy Now, Pay Later loans, consumers pay for a given purchase in four installments over six weeks, in a model more similar to layaway than to a traditional credit card. The loans ...

In May, the Consumer Financial Protection Bureau (CFPB) released a report on "credit invisibles." The CFPB revealed that 11 percent of the adult population, or 26 million people, were credit ...

A whopping 110 million Americans will likely see their credit scores change this summer, thanks to a newly announced credit scoring model from Fair Isaac Corp.—the company behind FICO scores.

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

For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...

600 is considered a "fair" credit score on the FICO Score model. You can qualify for a variety of financial products, but you likely won't get the best interest rates, rewards or terms.

But a credit report he pulled on March 11 using the FICO 8 model shows 842. A perfect credit score on one report doesn't mean the same for every scoring model — but it will probably be close.

The three major credit rating agencies have been accused of contributing to the global financial crisis, drawing increased oversight from regulators in the United States and Europe. Nonetheless ...