News

New credit scoring model for mortgages could help more people buy homes
Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...
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‘Buy now, pay later’ purchases can now affect your credit score. Here’s what that means
A FICO score is used by lenders to assess your creditworthiness and decide whether to offer you a loan or a credit card, and ...
The company behind your credit score is plunging on the stock market after a White House announcement
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 ...
Pulte Updated the Credit Score Policy for Mortgages. That Hit FICO Stock Today.
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
A new type of credit score bursts onto the mortgage scene
For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...
FICO Drops, CoreWeave Dips, Big Banks Slide
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Credit scores will get a buy-now-pay-later update. Here’s what that means.
With BNPL loans exploding in popularity, a change is coming to credit scoring that shows just how mainstream they have become ...
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Buy Now, Pay Later loans will factor in to Americans' credit scores - WDSU
FICO says its FICO Score 10 BNPL and FICO Score 10 T BNPL — set to launch this fall — would be the first credit scores from a leading scoring company to account for Buy Now, Pay Later activity.