Credit Bureaus & Credit Scoring

Consumer watchdog fines Experian for misleading customers about credit scores used by lenders vs. educational scores sold to consumers.

New machine learning system promises to reduce false positives by 40% while catching more sophisticated fraud attempts.

Credit bureau confirms unauthorized access to customer data including SSNs and credit reports between Nov-Dec 2023.

FICO Score 11 will incorporate rental payment history and reduce medical debt impact on credit scores.

New bill would limit data retention to 4 years and require free weekly credit reports permanently.

CFPB investigation found discriminatory credit scoring practices affecting women and minority applicants.

Alternative credit scoring model now used by 15% of mortgage lenders, challenging FICO's market dominance.

New system allows consumers to share banking data directly for credit decisions, bypassing traditional bureaus.

Consumer watchdog fines Experian for misleading customers about credit scores used by lenders vs. educational scores sold to consumers.

New machine learning system promises to reduce false positives by 40% while catching more sophisticated fraud attempts.

Credit bureau confirms unauthorized access to customer data including SSNs and credit reports between Nov-Dec 2023.

FICO Score 11 will incorporate rental payment history and reduce medical debt impact on credit scores.

New bill would limit data retention to 4 years and require free weekly credit reports permanently.

CFPB investigation found discriminatory credit scoring practices affecting women and minority applicants.

Alternative credit scoring model now used by 15% of mortgage lenders, challenging FICO's market dominance.

New system allows consumers to share banking data directly for credit decisions, bypassing traditional bureaus.