What is considered a good credit score depends on the type of credit score used. You have multiple credit scores, but the ...

Discover how credit scores and credit reports differ, why each is important, and how they impact your financial life.

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.

Changes in the way credit scores are determined are on their way. The change means that millions of people could end up paying more when they take out a loan. FICO scores are used to assess a consumer ...

When you’re applying for a loan, credit card or lease, knowing the difference between your credit score and credit report can give you some insight into how your lender or landlord views you from a ...

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, ...

FICO announced it will begin factoring Buy Now, Pay Later (BNPL) loans into scoring models. FICO, the creator of America’s most widely used credit-score system, will begin factoring Buy Now, Pay Later ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Derek White/Getty Images for FICO ...