In a win for credit bureaus and debt collectors, medical debt will be allowed to stay on your credit report after all.

Sen. Gallego and 29 Senators seek explanation from CFPB on its reversal to include medical debt in credit reports.

Key takeaways A lower credit score doesn’t necessarily mean a lender will deny you a home equity loan. It does mean the loan ...

Credit scores can be used by lenders to help them decide whether to offer you a mortgage, credit card, auto loan, and other ...

The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...

Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...

First, a brief explanation of a FICO credit score. The three-digit number reflects a person’s credit worthiness and debt default risk. Scores range from 300 to 850, with 850 being perfect credit ...

Credit scores don’t matter unless you’re trying to get a loan, rent an apartment, secure insurance, buy a home, avoid paying a deposit to utility companies, or even land some jobs. OK. Unless ...

Credit scores directly affect debt consolidation rates and the cost of consolidating debt. Evaluate your credit score and potential savings before refinancing debt.