Still, 44% of BNPL users worry about how these loans could affect their credit score — and with good reason. Credit scoring ...

Starting next week, Fannie Mae is eliminating its minimum 620 credit score requirement for borrowers seeking loans that will ...

Fannie Mae's credit scoring change could open up property loans to more Americans, but experts say risks remain.

Having a perfect 850 credit score might sound impressive -- but what does it really get you? Here's the truth in 2025.

NEW YORK, New York -- The math behind your credit score is getting an overhaul, with changes big enough that they might alter the behavior of both cautious spenders as well as riskier borrowers. Most ...

Have you ever checked your credit score right after making a payment, only to find it hasn’t changed at all? It can feel confusing or even frustrating, leaving you to wonder: “When do credit scores ...

FICO has announced a major shakeup that will make it cheaper and easier for lenders to get your credit score. For the big ...

NEW YORK -- It may soon be harder for many of us to get loans and open new credit. FICO, the system which calculates credit for roughly 110 million Americans, is changing the way it assigns scores, ...

BOZEMAN, Mont.--(BUSINESS WIRE)--Global analytics software leader FICO (NYSE: FICO) today announced a new analytic tool for mortgage professionals, the FICO® Score Mortgage Simulator. The innovative ...

Private mortgage insurance companies still require a minimum 600 or 620 middle credit score for borrowers putting less than 20% down.

ONE of the UK’s largest credit rating agencies is changing how it calculates scores. Experian is shaking up its credit scoring system to reflect “everyday financial behaviours that ...

New guidelines should provide homeownership opportunities for certain consumer segments with thin credit files and open up product options, lenders said.