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, ...

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 ...

Americans who are struggling to pay off their debt could see lower FICO credit scores in their future, especially if they miss payments. Fair Isaac Corp., the company behind the popular FICO credit ...

Imminent changes to the credit scoring system in the U.S. could see millions of scores decline in the coming months. Earlier this year, scoring giant FICO announced that it would be incorporating "buy ...

As the Federal Housing Finance Agency (FHFA) opens the gates for lenders to use VantageScore 4.0 alongside, or in place of, FICO scores for mortgages sold to Fannie Mae and Freddie Mac, Fair Isaac ...

A VantageScore is a type of credit score to help lenders decide your creditworthiness. It intends to provide a reliable way of scoring a wider swath of consumers than competing models like FICO, ...

Lenders can use the innovative tool through FICO’s partnership with Xactus to help offer customers more loan options and favorable rates BOZEMAN, Mont.--(BUSINESS WIRE)-- Global analytics software ...