The credit-scoring industry has often brought confusion to consumers who have no idea that there are different kinds of credit scores — many of which are not the actual numbers used by lenders. Many ...

FICO Scores are the most common scores used by lenders across the U.S. There are multiple versions of FICO scores, each using different criteria. Differences are typically minor and unlikely to impact ...

Paying bills on time is about to become more important for American consumers, and this as their debt levels are reaching new highs. Fair Isaac Corporation, the company which creates the FICO credit ...

There are advantages to maintaining a pristine credit profile. Primarily, having great credit means that you're more likely to qualify for loans and lower interest rates. There's also bragging rights.

MINNEAPOLIS — FICO insists more vehicle lenders are synchronously migrating to the FICO 8 Auto Score — with most companies set to complete the adoption process by May. Officials indicated a number of ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Before a lender will approve you for a loan, mortgage, or credit card, they’re going to check how you previously handled debt. And that is where your FICO credit score comes in. This three-digit ...