Opinion

AI Is Coming For Your Credit Score: Is It Good For Consumers?

Got FICO? Drop below 700, and you’ll be limited to loans carrying the highest interest rates or often no loans at all. Sound outdated? It is.
Black Enterprise

FICO Integrates Buy Now, Pay Later Loans Into Credit Scoring Models

FICO announced it will begin factoring Buy Now, Pay Later (BNPL) loans into scoring models. FICO, the creator of America’s most widely used credit-score system, will begin factoring Buy Now, Pay Later ...

Solana based lenders are rebuilding credit models for small businesses banks still ignore

Tala execs say proprietary data and adaptive underwriting could unlock lending for entrepreneurs shut out of traditional finance.
来自MSN

Credit score: What are the different models to calculate? 4 key factors that influence it?

Two important resources for managing your own financial affairs are your credit score and your credit report. But the landscape of credit scoring can be a bit confusing given the many forms of scores ...
CNET

'Buy Now, Pay Later' Plans Will Start to Impact Your Credit Score Later This Year. Here's How

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...
JD Supra

FHFA’s Credit Score Models and Reports Initiative

The FHFA announcement directs Fannie Mae and Freddie Mac to permit lenders to choose between two approved credit score models – Classic FICO and VantageScore 4.0 – for loans sold to Fannie Mae and ...

Does Buy Now, Pay Later Affect Credit Score? The Truth

Does Buy Now, Pay Later affect credit score? Learn when BNPL shows up on credit reports and how it may impact your credit ...
JD Supra

CFPB Examinations Highlight Fair Lending Risks in Credit Scoring Models

Amid recent technological advances in artificial intelligence and machine learning, on January 17, 2025, the CFPB issued its Winter 2025 Supervisory Highlights: Advanced Technologies Special Edition.
Investopedia

What Is Credit Scoring? Purpose, Factors, and Role In Lending

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J. Brock is a CFA and CPA with more ...
Forbes

The New Credit Bureau: How Real-Time Models Are Rewriting Financial Inclusion

Credit has long been the passport to economic opportunity. Yet over 26 million Americans have no credit history, limiting their access to mainstream financial products and forcing reliance on costly ...
AOL

New credit scoring model for mortgages could help more people buy homes

The companies that buy up the majority of the country’s home loans will now accept a second credit scoring model for mortgages — a change that could help underrepresented borrowers qualify for ...

Business credit vs. personal credit: What’s the difference?

Your business and personal credit can determine your company’s financing options ...