Fannie Mae and Freddie Mac will now allow lenders to use VantageScore, as well as FICO scores, when underwriting loans.

ET - The Federal Housing and Finance Agency decision allowing mortgage lenders to look at another credit score measure besides Fair Isaac Corp.'s FICO scores when assessing applicants is unlikely to ...

Raise your hand if you know what a FICO score is. Now, keep your hand raised if you know the company that developed the FICO ...

Mortgage lenders can now use the VantageScore 4.0 model when originating loans backed by Fannie Mae and Freddie Mac, which amount to nearly half of recent mortgage originations.

Fair Isaac (FICO) stock tumbled 8.9% in Tuesday trading after FHfA Director Bill Pulte said mortgage finance giants Fannie ...

Insurance companies typically don't use a FICO credit score to help calculate your rates - they use an insurance credit score. Here's what is and why it matters.

Many consumers have been using buy now, pay later payment options like Affirm, PayPal Credit or Klarna – surveys put usage at ...

By CORA LEWIS NEW YORK (AP) — Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans who use the loans to buy clothing, furniture ...

“Buy Now, Pay Later loans are playing an increasingly important role in consumers’ financial lives,” said Julie May, vice president and general manager of business-to-business scores at FICO.

NEW YORK (AP) — Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans who use the loans to buy clothing, furniture, concert tickets, and ...

Buy now, pay later services will soon impact your credit score as FICO begins incorporating this data. According to Lending Tree, 41% of BNPL users say they paid late on one of them in the past year.