The credit-scoring industry is going through a big shift as companies compete to gain more power over the market — and ...
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 ...
Fair Isaac said its FICO Direct Mortgage License Program would give the information to tri-merge resellers—those that combine data from the major credit bureaus into one reporta ...
Fair Isaac FICO 19.20% upended the credit-scoring industry by giving mortgage lenders a way to offer its FICO credit score ...
The report put the average American FICO credit score at 715, down from 717 in 2024. The average credit score hasn’t fallen 2 points since April 2009, in the midst of the Great Recession, when it ...
The credit scoring company FICO recently announced it will add something new to some of its credit scores: data from buy now, pay later loans. Those are the loans that allow shoppers, usually online, ...
Credit scores are often the first thing lenders look at when evaluating whether to approve an application for a mortgage, car loan, or credit card.
A new report finds that scores dropped the most for those age 18 to 29. Here’s how to deal with a drop in your score.