Chad Langager is a co-founder of Second Summit Ventures. He started as an intern at Investopedia.com, eventually leaving for the startup scene. Erika Rasure is globally-recognized as a leading ...
A credit score is a number that rates a consumer’s creditworthiness. The higher the score, the better a borrower looks to ...
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.
Credit scores existed for decades before 1989. What changed that year was the introduction of the FICO score, the first generic credit scoring system. Previously, lenders developed and used their own ...
A VantageScore is a type of credit score to help lenders decide your creditworthiness. It intends to provide a reliable way of scoring a wider swath of consumers than competing models like FICO, ...
No two credit scores are the same, even if they belong to the same person. That's because the financial industry uses different scoring models for different purposes. The credit score that matters the ...
The credit scoring company FICO recently announced it will add something new to some of its credit scores: data from buy now, pay later loans. Those are the loans that allow shoppers, usually online, ...
What is considered a good credit score depends on the type of credit score used. You have multiple credit scores, but the ...