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 ...

Your credit score isn’t assigned by banks or credit issuers. Instead, credit bureaus, such as Equifax, Experian and TransUnion, give you a number based on factors like payment history, amounts owed, ...

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.

Although Experian is the largest credit bureau in the U.S., TransUnion and Equifax are widely considered to be just as accurate and important. When it comes to credit scoring models, however, there is ...

Credit scores existed for decades before 1989. What changed that year was the introduction of the FICO score, the first generic credit scoring system. Previously, lenders developed and used their own ...

This article originally appeared on Moneywise.com under the title: The way your credit score is calculated is about to change ...

The changes will see Experian offer a more detailed view of information on credit reports and ways to improve scores.

TransUnion South Africa has launched a new consumer awareness push encouraging South Africans to become more “credit-smart” ...

FICO announced that two new scores coming this fall will incorporate BNPL activity. The new scores will treat BNPL differently from other credit and loan products. Consumers who use BNPL responsibly ...

Having no or minimal credit history means you don’t have a credit score at all. This is different from having a low credit score, which can stem from having negative information on your credit reports ...

Clicking the "pay later" option at checkout could start impacting your credit score in the coming weeks. In February, the credit scoring agency FICO announced it would begin factoring Buy Now, Pay ...