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FICO’s grip on mortgage credit scores challenged

Mar 14, 2018
Mortgage finance giants Fannie Mae and Freddie Mac consider one credit score when determining the creditworthiness of mortgage applicants: FICO.  Some members of Congress want to change that by adding a provision to a bank deregulation bill that would require Fannie and Freddie to also look at applicants’ VantageScore. The company that calculates VantageScores is […]

Just how healthy is the auto loan industry?

Sep 7, 2016
Experian says borrowers are "very prime," but not everyone agrees.
The delinquency rate on car loans is up slightly but subprime car loans are shrinking. 
MARK RALSTON/AFP/Getty Images

Disputing bad credit is about to get a whole lot easier

Mar 9, 2015
The biggest credit reporting companies are changing how they report scores.

Want Equifax to fix your credit score? Take them to court

Jul 30, 2013
A federal jury ordered Equifax to pay an Oregon woman $18.6 million after her two-year fight to correct her score.
Alan Alfaro / Creative Commons