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.

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

It’s the Bigfoot of the financial world; a perfect credit score. AKA, the highest score a person can get. This mythical and elusive number for the FICO Score is 850. And, for those unaware, FICO ...

Credit scores play a central role in people's lives. Fair Isaac Corp., or FICO, has dominated credit scoring until recently. The credit-scoring industry is going through a big shift as companies ...

Clicking the "pay later" option at checkout could start impacting your credit score in the coming weeks. In February, the credit scoring agency FICO announced it would begin factoring Buy Now, Pay ...

Your credit score is the key to your financial future: It can determine whether you get approved for a credit card, car loan or mortgage, and what interest rate you'll pay. In some cases, your score ...

As the “buy now, pay later” trend becomes more popular, it is having a greater impact on traditional lending and credit scores. If you are not familiar, buy now, pay later (BNPL) is a type of ...

The average U.S. credit score slipped nationwide, largely due to the resumption of federal student loan delinquency reporting on U.S. consumers’ credit reports, according to FICO. The scoring agency ...