FICO's new credit scoring model will soon include a new factor. Learn how this change might impact your score.

A federal judge has struck down a Biden-era rule which would have eliminated medical debt from Americans credit reports.

For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...

FICO, the company that develops proprietary scoring models for credit bureaus and lenders, announced August 7 that a new model (FICO Score 9) would be released this fall.  FICO's press ...

Did you know you have multiple credit scores, and that for all the work you have done to build your FICO score there are actually many other factors that can affect loan approval? FICO — the ...

Mortgage refinancing can affect your FICO credit score in a few different ways. Multiple credit inquiries, how often you refinance, and whether you increase your debt can negatively impact your ...

The impact to a credit score will be greater if the person has a short or new credit history or has few credit cards. “Credit history makes up about 15 percent of your score,” says Mink.

Verifying how a new federal rule on mortgage fees will affect homebuyers with high and low credit scores. To stream KHOU 11 on your phone, you need the KHOU 11 app. Download the KHOU 11 app ...

On top of more legitimate buyers, we fixed the credit markets, meaning housing credit looks fantastic. Just look how lousy credit looked below in 2005, 2006 and 2007 — all before the job-loss ...

Student-loan forgiveness could cause credit scores to rise again President Joe Biden's recently unveiled plan to cancel up to $20,000 in student loan debt for certain borrowers could improve ...

One year following foreclosure, the average credit score was about 605. Five years after foreclosure, the average credit score was 640. More than 30 percent of people have a credit score of at ...

The impact to a credit score will be greater if the person has a short or new credit history or has few credit cards. “Credit history makes up about 15 percent of your score,” says Mink.