Got FICO? Drop below 700, and you’ll be limited to loans carrying the highest interest rates or often no loans at all. Sound outdated? It is.
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.
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 ...
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 ...
FICO’s agreement to release long-delayed historical 10T data clears the final obstacle to implementing more modern, inclusive credit scoring models at Fannie Mae and Freddie Mac In a move that Federal ...
Fair Isaac is upending the credit-scoring industry by giving mortgage lenders a way to get its credit scores without buying them from Experian, Equifax EFX0.16%increase; green up pointing triangle or ...