Improving your FICO score is a crucial step towards achieving financial stability and accessing better credit opportunities. One of the most effective strategies is to reduce your credit utilization ...

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 you’re ...

Could your debt be reduced or forgiven? Take our financial relief quiz. There is nothing like the thrill of paying off a debt. However, that excitement can quickly wane, turning into impatience as you ...

Most people overlook simple but powerful ways to improve their finances. These 5 smart money moves can help you save more, ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

The average U.S. FICO score has dropped two points in the last year to 715, which could signal that consumers are facing increasing financial stress. Perhaps more concerning is that 90-plus-day ...

The mortgage system has relied on FICO as its sole credit-scoring model for decades to figure out how likely a potential borrower is to pay back a loan on time. That FICO credit score impacted not ...

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.

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, ...

A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO score or one from a rival, VantageScore. By Ann Carrns Your credit score helps ...