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A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.
Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...
The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...
The pool of consumers potentially falling into the subprime credit tier might grow by nearly 6 million individuals based on ...
Against this backdrop of higher credit scores, TransUnion recapped consumer demand for credit rebounded starting in mid-2021, as many government assistance programs ended and inflation began to rise.
With BNPL loans exploding in popularity, a change is coming to credit scoring that shows just how mainstream they have become ...
Nearly one in five consumers who used TransUnion’s CreditView Dashboard at least once through their banks and credit unions saw their scores improve 40 points or more in 2018.
CNBC Select dives into the $23 million settlement TransUnion agreed to after plaintiffs accused it of failing to remove invalid credit inquiries.
Scores from both models typically range from 300 to 850 and are determined using your payment history, amounts owed, length of credit history, frequency of credit application and credit mix.