Study: Adoption of New Credit Scoring Models by Fannie Mae and Freddie Mac

Study: Adoption of New Credit Scoring Models by Fannie Mae and Freddie Mac
STAMFORD, Conn.–(BUSINESS WIRE)–VantageScore Solutions, LLC, the company behind the VantageScore® credit scoring model, announced today the results of a study assessing the social and financial impact of revised credit score requirements at …
Read more on Business Wire (press release)

20 Easy Ways Millennials Can Boost Their Credit
According to a report published by Experian at the end of 2013, young adults aged 19 to 29 had an average credit score of 628 — more than 50 points lower than the national average and the lowest of all the age groups. If you're a millennial, maybe you …
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Students need to become more familiar with their credit scores
Your credit score is a three-digit number that has a long-lasting effect on your buying power. When you apply for credit, your credit score will be checked. The higher your credit score, the better the chances you will be approved. Although there are …
Read more on Huntington Herald Dispatch

Industry Hears Call for Credit Scoring Changes

Industry Hears Call for Credit Scoring Changes
That was the consensus view of a dozen real estate and mortgage industry experts who met Wednesday at the legislative headquarters of the National Association of REALTORS® in Washington, D.C. to examine the state of credit scoring and what can be …
Read more on Hampshire Review

How to Boost Your Credit Score
If a poor credit rating is keeping you from realizing that dream of buying a new car, or your first home, you are far from alone. Recent research from the nonprofit Corporation for Enterprise Development, or CFED, has found that 56 percent of American …
Read more on NBC Southern California

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