FICO Score’s Hold on the Credit Market Is Slipping

  • 📰 WSJ
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

For decades, you couldn’t get a loan without a FICO credit score. That’s changing.

For decades, nearly every consumer credit decision revolved around a three-digit number—the FICO credit score. That is changing.

FICO has long dominated the market for consumer credit, providing scores for some 200 million U.S. consumers that are used by a whole host of lenders to evaluate credit-card, auto-loan and mortgage applicants. For borrowers, higher scores can mean bigger loans and lower interest rates.Big lenders are moving away from FICO, according to people familiar with the matter. Capital One Financial Corp . and Synchrony Financial don’t use its scores for most consumer-lending decisions.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

pinto da costa há 40 anos no c...organizado. onde anda a isenção jornalistica. Que rico exemplo de justiça desportiva para os jovens. Gravar na luz Só posso sentir náusea e vergonha se algum dia alguém fizer acordo com o clube mais corrupto do mundo. Nunca!

The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of lisaFx090 I've been earning $7500 weekly I've never regretted this decision.

Would you like to create a second source of income for yourself from the comfort of your home? It won’t interfere with your job or whatever you do. DM me for more details

We DV2021 winners- legal immigrants are in miserable plight. We kindly beg your attention. Please convey our voices; our pains to POTUS WhiteHouse & Congress. All DV2021winners will owe you. 🙏

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 98. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen