Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.

Closing a bank account is free and easy to do online, in person, or over the phone as long as the account is in good standing and you don't have any existing debts.

Key Takeaways FICO stock plummeted Tuesday after FHFA Director William Pulte wrote on X that mortgage companies may now use Vantage 4.0, a credit scoring tool developed by FICO's competitors.Lenders ...

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 ...

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

A bank draft is a type of check that guarantees payment by the issuing bank after verifying the requesting customer has enough funds to cover it.

NEW YORK (AP) — Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans who use the loans to buy clothing, furniture, concert tickets, and takeout.

Scoring company FICO said Monday that it is rolling out a new model that factors the short-term loans into their consumer scores.

Hundreds of millions of 'Buy Now, Pay Later' loans will soon affect credit scores for millions of Americans who use the loans to buy clothing, furniture, concert tickets, and takeout.

FICO will add buy now, pay later loans to credit scores, a move that could affect mortgage applicants as lenders begin factoring in the new credit data.

FICO announced Monday that it will begin incorporating buy-now-pay-later data into new scoring models, marking the first time the company has factored the popular loans into credit scores. BNPL has ...

Global analytics software leader FICO announced today that it will be partnering with MI New York, an American professional cricket team that competes in Major League Cricket. As part of FICO’ s ...