According to an analysis of more than 600,000 U.S. renters performed by VantageScore, scores of American adult renters could become eligible for a mortgage by incorporating on-time rental payments into their credit reports
During a panel discussion at the MBA Annual Conference, a slate of experts focused on trends in credit scoring, and how recent pricing changes are impacting the mortgage space
But industry watchers say 'bureaus hold the cards'
TransUnion finds renters increasingly turning to third-party tools to boost credit profiles
Study finds VantageScore 4.0’s edges over Classic FICO ‘overstated’ or incorrect; VantageScore brushes findings aside
VantageScore claims its 4.0 model beats FICO Classic across varying economic environments
FICO claims its latest credit score identifies more risky borrowers, better serves lenders
Following FHFA announcement Tuesday, doubts arise regarding potential changes that may be needed to move to VantageScore credit scoring
Lenders will keep tri-merge credit scoring model; what this shift means
Company marks record credit scoring usage spike, with 55% overall increase in 2024