News

Opening and closing credit cards can also damage your credit score, per this warning from FICO (FICO). What does it all mean? Unexpected life events such as job loss or an emergency can throw your ...
The US has been plagued by economic uncertainty of late, but some regions were definitely hit harder than others. Personal finance company WalletHub recently unveiled a map showing the states with the ...
A federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have ...
By analyzing each state across several metrics, WalletHub created a ranking of states based on their levels of "financial distress," incorporating factors such as bankruptcy rates, average credit ...
A federal judge repealed a rule by former President Joe Biden that would have removed medical debt from Americans' credit ...
The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
The pool of consumers potentially falling into the subprime credit tier might grow by nearly 6 million individuals based on ...
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...
A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
RBI Deputy Governor M Rajeshwar Rao has asked credit information companies like TransUnion Cibil to switch to real-time data reporting from fortnightly at present.