Survey: Public misconceptions remain about improving credit scores
Most U.S. adults are seeking to maintain or improve their credit scores in 2026, but there remain many misconceptions about ...
Tag: Credit scoring
Managing debt stress before it becomes credit risk
Financial institutions can reduce downstream losses by shifting resources earlier in the distress cycle.
FHFA nearing deal to use new FICO credit scoring model for mortgages
The Federal Housing Finance Agency is currently reviewing a possible deal with FICO to implement the FICO 10T credit scoring ...
CFPB: Federal law preempts state law on credit reporting
The CFPB issued an interpretive rule stating that the Fair Credit Reporting Act preempts state laws on credit reporting, with ...
ABA Foundation, FICO announce new partnership for Get Smart About Credit Day
As part of Get Smart About Credit Day on Oct. 16, the ABA Foundation is partnering with analytics software firm ...
Survey finds ‘knowledge gaps’ among adults about credit
Most U.S. adults who own credit cards show “a lack of knowledge of credit fundamentals,” leading to habits that could ...
FHFA releases FAQ about Fannie, Freddie credit score change
FHFA released an FAQ on the recent announcement that Fannie Mae and Freddie Mac will expand credit scoring options. Fannie ...
Court vacates CFPB medical debt rule
A federal court in Texas vacated the CFPB’s medical debt reporting rule after the bureau’s current leadership joined with plaintiffs ...
ABA, associations seek clarity about Fannie, Freddie credit scoring change
The recent announcement that Fannie Mae and Freddie Mac will expand credit scoring options for mortgages is a promising first ...
Fannie, Freddie to expand credit scoring options for mortgages
Fannie Mae and Freddie Mac will allow lenders the option to use VantageScore 4.0 while still allowing use of FICO to ...
