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 ...
Think your credit score is ‘good’? Experts break down what the numbers mean - Having a good credit score opens the door for lower interest rates on loans and credit cards, potentially saving you thous ...
New credit scoring models rolling out across the mortgage industry could dramatically expand the number of Americans who receive a credit score — but experts warn that borrowers shouldn’t confuse a ...
The VantageScore 4.0 credit scoring model scores 33 million more people than traditional models. With the FHFA mandating the use of VantageScore 4.0 for Fannie Mae and Freddie Mac guaranteed mortgages ...
Hundreds of millions of 'Buy Now, Pay Later' loans will soon affect credit scores for millions of Americans who use the loans to buy clothing, furniture, concert tickets, and takeout. Scoring company ...
VantageScore 4.0 is approved for conforming mortgages sold to Fannie Mae and Freddie Mac. The credit-scoring model uses alternative data, including trending credit card usage and payments for rent and ...
LendScore uses real-time cash flow data and unique account connection insights from the Plaid Network to provide lenders with an updated view of borrower risk To give lenders a more complete financial ...