FICO’s stock falls as Fannie and Freddie deal the credit-score company a new blow

The government-backed entities are embracing a rival type of credit score.
National Mortgage Professional

FHFA Opens Door To Credit Score Competition As Fannie, Freddie Move Forward With VantageScore 4.0

The Federal Housing Finance Agency (FHFA) is pushing the mortgage industry into a new phase of credit score competition, with ...

What Trump admin’s credit score shake up means for buying a home

New credit score models assess the creditworthiness of aspiring homebuyers who are often overlooked by more traditional ...
AOL

Your credit score could soon be impacted by 'pay later' loans. Details about the change.

Clicking the "pay later" option at checkout could start impacting your credit score in the coming weeks. In February, the credit scoring agency FICO announced it would begin factoring Buy Now, Pay ...

Average FICO score dips, but closer look exposes K-shaped economy

Missed student loan payments and rising mortgage delinquencies are hurting Americans' average FICO scores, but the impact is ...
AOL

Here’s How Credit Scores Have Changed Over the Past 5 Years — and What It Means for Your Money

Credit scores rose during the early pandemic years, then declined more recently as household debt increased and missed payments became more common. Those changes have impacted how much borrowing costs ...