Key Takeaways No two credit scores are the same, even if they belong to the same person. That's because the financial ...

The FHFA announcement directs Fannie Mae and Freddie Mac to permit lenders to choose between two approved credit score models – Classic FICO and VantageScore 4.0 – for loans sold to Fannie Mae and ...

You don't need a perfect credit score to be financially stable -- or exceptional, for that matter. Here's a better number to ...

A new study suggests that lenders may get their strongest overall read on credit default risk by combining several machine ...

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 ...

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 ...

In the United States: The Equal Credit Opportunity Act (ECOA) and the Fair Credit Reporting Act (FCRA) require lenders to ...

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 ...

FICO announced it will begin factoring Buy Now, Pay Later (BNPL) loans into scoring models. FICO, the creator of America’s most widely used credit-score system, will begin factoring Buy Now, Pay Later ...

With federal pressure mounting and fintech innovations accelerating, the credit score system landlords used to know isn't the same anymore. In 2025, three big updates are changing how credit scores ...

Paying rent on time can improve your credit score, but only if your landlord or property manager reports payments to credit ...