A credit score is a number that rates a consumer’s creditworthiness. The higher the score, the better a borrower looks to ...
As you get familiar with your credit, you’ll quickly realize multiple types of scores exist. Although both FICO scores and credit scores exist, understanding which one lenders use can be helpful.
Your 30s and 40s are a busy time—you're probably juggling multiple priorities. Still, your credit score is important. Here's ...
Credit scores are down, delinquencies are up and Gen Z is suffering the most from the credit crunch. These are some of the main takeaways from the recently released FICO Score Credit Insights report, ...
The scoring model that your potential lender uses is what matters most, because that's what determines the score that the lender looks at. No two credit scores are the same, even if they belong to the ...
Changes in the way credit scores are determined are on their way. The change means that millions of people could end up paying more when they take out a loan. FICO scores are used to assess a consumer ...
Boosting your FICO credit score as a pathway to a lower mortgage payment is easier than you might think. Hopefully, the tips in this column will help you. First, a brief explanation of a FICO credit ...
What is considered a good credit score depends on the type of credit score used. You have multiple credit scores, but the most popular type of score is FICO, followed ...
It’s the Bigfoot of the financial world; a perfect credit score. AKA, the highest score a person can get. This mythical and elusive number for the FICO Score is 850. And, for those unaware, FICO ...