Discover how credit scores and credit reports differ, why each is important, and how they impact your financial life.

“By far, FICO Scores are the dominant method to measure asset-backed securitization risk. There is some noise claiming alternative scores have traction, but if you look at the few firms that moved ...

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 ...

The credit score that matters the most is the score that your potential lender is using to determine your creditworthiness. To find out which one they use, just ask them. FICO and VantageScore are ...

If you’re preparing to buy a home, you probably know that one of the most important criteria that lenders will consider is your credit score. But are the credit scores they look at the same ones that ...

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 ...

FICO plans to include “buy now, pay later” histories in credit scores, marking the first time a leading credit score provider will include the data. FICO announced two new credit scores earlier this ...

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 ...

The credit-scoring industry is going through a big shift as companies compete to gain more power over the market — and prospective home buyers should pay attention. The latest move comes from Fair ...