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President Donald Trump's administration announced this week that mortgages sold to Fannie Mae and Freddie Mac will now accept VantageScore credit scores.
Hitching your wagon to the wrong person can be expensive, not just in terms of mental fatigue and possibly divorce. It can also be costly when a poorly matched pair wants to buy a house. A new study ...
A new study shows how much more home payments cost in San Antonio and across the country if a partner has bad credit.
When considering the best credit score to buy a house, many lenders use the FICO model. It grades consumers on a scale ranging from 300 to 850, with a higher score indicating less risk to the lender.
Buy now, pay later (BNPL) payment options are increasingly popular, particularly among young consumers. A recent survey from J.D. Power shows that 42% of millennials and Gen Z actively use BNPL loans ...
Collections on defaulted student loans may affect millions of people's credit scores Defaulted student loans will be sent for collections starting on May 5.
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 ...
That grace period ends on May 5, after which loan servicers will begin reporting missed payments to credit agencies again, potentially lowering the credit scores of delinquent borrowers.
While a drop in the nation’s average credit score may sound minor, it belies a major crisis for student loan borrowers.
Influencer and credit doctor Micah Smith spotlights that knowledge is power when it comes to your score and financial health, and recommends maintaining a 760 or higher.
Those with higher credit scores will see the biggest drop. For example, someone who has a 760 score or above, and who has late or no student loan payments, will see an average decline of 171 ...
Those with higher credit scores will see the biggest drop. For example, someone who has a 760 score or above, and who has late or no student loan payments, will see an average decline of 171 ...