Americans who are struggling to pay off their debt could see lower FICO credit scores in their future, especially if they miss payments. Fair Isaac Corp., the company behind the popular FICO credit ...

As you get familiar with your credit, you’ll quickly realize multiple types of scores exist. Although both FICO scores and credit scores exist, understanding which one lenders use can be helpful.

Director of the Federal Housing Finance Agency Bill Pulte said via X: “We are currently reviewing a potential deal with Fair Isaac, FICO (FICO), ...

Federal Housing Finance Agency head Bill Pulte said Monday a deal with Fair Isaac (FICO) to adopt the new FICO 10T credit ...

As a counterpunch to moves by competitors, changes to VantageScore 4.0 pricing seek to reduce costs for lenders and homebuyers Equifax has announced a move to reduce mortgage costs for American ...

FICO has fired its latest shot in the credit scoring wars, launching a direct license program that promises to slash costs for lenders by cutting out credit bureau markups. But not everyone is ...

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 ...

Mortgage lenders will soon have a new way to assess borrowers applying for government-backed loans. That sent the stock of America’s biggest credit score company plunging Tuesday. Federal Housing ...

Clicking the "pay later" option at checkout could start impacting your credit score in the coming weeks. In February, the credit scoring agency FICO announced it would begin factoring Buy Now, Pay ...

Shares of credit bureaus TransUnion, Equifax Inc. and Experian PLC slumped on Thursday as FICO said it will directly license its scores used to assess mortgage applicants’ creditworthiness. Fair Isaac ...

Private mortgage insurance companies still require a minimum 600 or 620 middle credit score for borrowers putting less than 20% down.