Your credit score is one of the most crucial indicators of your financial health. Having a higher score can help you achieve your financial goals, access lower interest rates when borrowing money and ...

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.

Your credit score is used by lenders, landlords and even potential employers to assess your financial risk and trustworthiness — so the higher your score, the better. An excellent credit score, which ...

NEW YORK -- It may soon be harder for many of us to get loans and open new credit. FICO, the system which calculates credit for roughly 110 million Americans, is changing the way it assigns scores, ...

April is Financial Literacy Month, and U.S. News found that many U.S. consumers lack general financial knowledge. About 53% of respondents don't know FICO scores are the scores lenders look at to ...

The average credit score in February 2025 was 715, according to FICO, the data analytics firm whose scoring models are used in 90% of lending decisions. That's compared to 716 in January 2025 and 717 ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Buy now, pay later (BNPL) payment options are increasingly popular, particularly among young consumers. A recent survey from J.D. Power shows that 42% of millennials and Gen Z actively use BNPL loans ...

Mortgage lenders will soon have a new way to assess borrowers applying for government-backed loans. That sent the stock of America’s biggest credit score company plunging Tuesday. Federal Housing ...