FICO announced this week that buy-now-pay-later loans will now be included on credit reports and credit scores. The new credit scores will be “offered side-by-side with existing versions of the FICO ...
Exactly 30 years ago, Fannie Mae and Freddie Mac adopted credit reports and their scores from FICO as a basis for mortgage credit decisions (approval or denial) and risk-based loan pricing. That FICO ...
Credit scores play a central role in people's lives. Fair Isaac Corp., or FICO, has dominated credit scoring until recently. The credit-scoring industry is going through a big shift as companies ...
Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, budgeting, and all things personal finance. In addition to writing for publications like Bankrate, CreditCards ...
Before we tell you how to get a free credit score, it’s important to know that all free scores and reports are not created equally. Most of these scores are merely estimates of your credit score. They ...
FICO to include buy-now-pay-later loans on credit reports Buy-now-pay-later loans find a place in FICO credit scores, reflecting their growing role in consumer finance. (Scripps News) ...