10 hrs ago
Russian Consumers' Credit Health Drops to New Low, According to FICO and NBKI Data
The previous low point was initiated in overall credit health, based on the percentage of consumer loans and credit cards reported to NBKI as delinquent by more than 60 days.
Sun Aug 24, 2014
Los Angeles Times
FICO score change unlikely to help home buyers in near future
Fannie Mae and Freddie Mac don't plan to use new FICO score to evaluate loan applicants in foreseeable future You may have noticed the big media splash recently when Fair Isaac Corp., developer of the FICO credit score, announced the debut of a new score version that no longer would penalize consumers who have medical debt-collection issues in ... (more)
Fri Aug 22, 2014
Fitch to Rate Capital Auto Receivables Asset Trust 2014-3; Issues Presale
KEY RATING DRIVERS Stable Collateral Characteristics: The 2014-3 pool is representative of nonprime collateral, with a 632 weighted average Fair Isaac Corp. score, 7.87% WA APR and 100% WA LTV.
Wed Aug 20, 2014
Fitch Rates Honda Auto Receivables 2014-3 Owner Trust
New vehicles total 90.3% and seasoning is 13.1 months, in line with prior transactions.
FICO Declares Quarterly Cash Dividend
About FICO FICO is a leading predictive analytics software company. The company's groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed.
Fair Isaac Corp. (FICO) Declares Quarterly Dividend of $0.02
Fair Isaac Corp. declared a quarterly dividend on Wednesday, August 20th, American Banking and Market News reports.
Auto loans could get boost from revamped FICO scores
A planned update in the way FICO scores are calculated should help some borrowers qualify more easily for auto loans by putting less weight on overdue medical debt when calculating credit scores, according to Fair Isaac Corp. "It could also potentially help consumers with thin files," that is, consumers with little or no credit history, said ... (more)
Thu Aug 14, 2014
New credit scoring could help home buyers
The National Association of Realtors this week praised a decision by FICO, the Fair Isaac Corp. credit monitoring agency, that it will no longer penalize borrowers for certain debt-collection activities when calculating credit scores.
Tue Aug 12, 2014
Claremore Daily Progress
a Q&a on changes coming to Fico credit scores
There are changes coming to FICO, a broadly used credit score, that may mean higher credit scores for many consumers.
Mon Aug 11, 2014
Inman Real Estate News
FICO credit scores to give less weight to unpaid medical bills
In a move that could be a boon to first-time homebuyers, Fair Isaac Corp. has said it will make changes in the way FICO credit scores are calculated.
Fitch to Rate Honda Auto Receivables 2014-3 Owner Trust; Issues Presale
Fitch Ratings expects to assign the following ratings and Rating Outlooks to the Honda Auto Receivables 2014-3 Owner Trust notes: Strong Credit Quality: The credit quality of 2014-3, as measured by the weighted average Fair Isaac Corp. score of 757 and internal credit score tiering, is consistent with prior 2013-2014 pools.
Sun Aug 10, 2014
This change may be giving your credit score a lift
A single financial score largely determines whether consumers can borrow money for houses, cars and other wants and needs - and how much loans will cost them.
Sat Aug 09, 2014
Worcester Telegram & Gazette
a Q&a on changes coming to Fico credit scores
Changes are coming to FICO, a broadly used credit score, that may mean higher credit scores for many consumers.
Fri Aug 08, 2014
WNYC-AM New York
08-08-2014- Marketplace- Easing Medical Debt Burden
People with lots of unpaid medical bills could be getting a break on their credit scores.
New Credit Scoring Calculation Will Improve Access to Homeownership, Say Realtors
"RealtorsA welcome today's announcement from Fair Isaac Corp., or FICO, that it will no longer penalize borrowers for certain debt-collection activities when calculating credit scores.
New Hampshire Public Radio -
Credit Scores To Get Boost With New Formula
FICO, the company that creates an important formula for consumer credit reports, says it will stop penalizing people who've missed some payments if that debt has been paid off or settled with a collections agency.
National Mortgage News
New FICO 9 Credit Score Assesses Thin Credit Files, Medical Debt
Eight Reasons the Housing Recovery's Been So Slow From tight credit conditions to empty nesters, here is a litany of problems weighing on the housing market, as summarized in the minutes of last month's Federal Reserve policy meeting.
Credit score shift likely to make loans easier
A change in how the most widely used credit score in the U.S. is tallied will likely make it easier for tens of millions of Americans to get loans.
Mon Aug 04, 2014
FICO Infographic: European Card Fraud Losses Hit New High
FICO , a leading predictive analytics and decision management software company, today published its latest map of card fraud in Europe , showing that card fraud losses in 2013 for the 19 European countries studied reached a 1.55 billion.
Thu Jul 31, 2014
Mobile banking drives US customer loyalty, says FICO
FICO said that 76% of the mobile app users are likely to recommend their bank, compared with only 67% of the non-users.