The companies that buy up the majority of the country’s home loans will now accept a second credit scoring model for mortgages — a change that could help underrepresented borrowers qualify for ...

LendScore uses real-time cash flow data and unique account connection insights from the Plaid Network to provide lenders with an updated view of borrower risk To give lenders a more complete financial ...

FICO and VantageScore credit scores are the two most common types of personal credit scores. Business credit scores use different credit scoring models from credit bureaus like Experian, FICO and Dun ...

Homebuyers who pay their bills on time may finally see their financial habits count for more.

The VantageScore 4.0 credit scoring model scores 33 million more people than traditional models. With the FHFA mandating the use of VantageScore 4.0 for Fannie Mae and Freddie Mac guaranteed mortgages ...

GREENVILLE, N.C. (WITN) - Government-backed mortgage giants Fannie Mae and Freddie Mac are now allowed to accept a different credit score that considers rent and utility payments. While FICO credit ...

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.

Key insight: Experian combines credit, cashflow, trended, and alternative data into one underwriting score. Expert quote: Experian's Scott Brown suggests the model lets lenders "say yes" more often.

FICO has updated its latest credit score models to include buy now, pay later data, showing how important this pandemic-era tool has become in the overall consumer debt market. Processing Content The ...

Credit scores play a central role in people's lives. Fair Isaac Corp., or FICO, has dominated credit scoring until recently. The credit-scoring industry is going through a big shift as companies ...

A FICO score below 580 or a VantageScore of less than 601 is considered a bad credit score. If your score falls in the bad credit range, you will face less favorable outcomes with lenders (who may ...