New FICO Score Uses Cash Flow Data to Expand Credit Access
FICO has launched UltraFICO Score, a FICO score that uses consumer-permissioned cash flow data from Plaid. FICO says its scores are used by 90%... read more »
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FICO has launched UltraFICO Score, a FICO score that uses consumer-permissioned cash flow data from Plaid. FICO says its scores are used by 90%... read more »
By: Lucy Lazarony • 6/9/26
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Not many parents look at a newborn and think about the baby’s retirement savings. But if they do, they may wish to open a Trump account, a new... read more »
By: Lucy Lazarony • 6/8/26
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A new mortgage pilot program offers a lifeline to homebuyers with little savings and not the best credit. These loans come with no down payment... read more »
By: Lucy Lazarony • 6/5/26
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The U.S. Department of Education is sending a second round of notices to about 7 million SAVE plan borrowers before official transition letters... read more »
By: Adam West • 6/4/26
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President Trump signed an executive order directing regulators to provide guidance on how lenders should consider immigration status — including... read more »
By: Adam West • 6/3/26
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They are 44 million strong and make up 17% of U.S. consumers. They are the people with subprime credit scores, and many have no credit cards or... read more »
By: Lucy Lazarony • 6/2/26
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The Federal Housing Administration (FHA), Fannie Mae and Freddie Mac are moving toward broader use of new credit-scoring models that consider an... read more »
By: Lucy Lazarony • 5/29/26
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Nothing is certain except death and taxes — or so said Benjamin Franklin, one of the founding fathers, in a letter he wrote in the late 1700s.... read more »
By: Andrew Allen • 5/28/26