As you get familiar with your credit, you’ll quickly realize multiple types of scores exist. Although both FICO scores and credit scores exist, understanding which one lenders use can be helpful.

The credit score that matters the most is the score that your potential lender is using to determine your creditworthiness. To find out which one they use, just ask them. FICO and VantageScore are ...

Discover how credit scores and credit reports differ, why each is important, and how they impact your financial life.

A simple three-digit number can determine whether or not you can finance your next home or car, and it can also stipulate what interest rate you receive. If you’re planning on applying for a mortgage ...

When you’re applying for a loan, credit card or lease, knowing the difference between your credit score and credit report can give you some insight into how your lender or landlord views you from a ...

Changes in the way credit scores are determined are on their way. The change means that millions of people could end up paying more when they take out a loan. FICO scores are used to assess a consumer ...