LendScore uses real-time cash flow data and unique account connection insights from the Plaid Network to provide lenders with an updated view of borrower risk To give lenders a more complete financial ...

Your score is constantly changing because lenders regularly provide new information about you to the credit bureaus. For ...

The FHFA announcement directs Fannie Mae and Freddie Mac to permit lenders to choose between two approved credit score models – Classic FICO and VantageScore 4.0 – for loans sold to Fannie Mae and ...

Key insight: Experian combines credit, cashflow, trended, and alternative data into one underwriting score. Expert quote: Experian's Scott Brown suggests the model lets lenders "say yes" more often.

FICO has updated its latest credit score models to include buy now, pay later data, showing how important this pandemic-era tool has become in the overall consumer debt market. Processing Content The ...

Having spent over 2 decades in banking and financial services, I have seen how financial models evolve, but never at the speed seen today. AI is reshaping credit risk assessment, offering a more ...

Also, company’s pilot program gives nonprofit lenders access to modern credit scoring while helping them maintain sound lending practices VantageScore has launched its newest tri-bureau credit model, ...

FICO, the creator of America's most widely used credit-score system, will begin factoring Buy Now, Pay Later (BNPL) loans into select credit-scoring models later this year. The company released a ...

FICO said on Monday that it is going to incorporate buy now, pay later (BNPL) data into credit scores as the payment method surges in popularity. The FICO Score 10 BNPL and FICO Score 10 T BNPL will ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. By leveraging enriched data and analytics, lenders can now make more ...

Next time you shop for a mortgage, here is a question to add to your evaluation list for competing lenders: Has the mortgage company adopted the most consumer-friendly, up-to-date credit-scoring ...