FICO Score 10T includes rental data, but consumers can only experience the benefit of this to the extent that their rental data is reported to the CRAs

Credit union lenders need to be mindful of balancing opportunity and risk with their credit decisions

New reporting of student loan delinquencies among key drivers of the downward shift of credit scores

Debt and missed payments continue to rise, contributing to a change in the average

People with no current debt can – and often do - have a credit score higher than the national average

Moving to a ‘Lift, Shift and Enhance’ strategy can deliver substantial growth and future-proof your operation

What are the drivers behind this consumer shift in the loan payment hierarchy to pre-pandemic norms and is it likely to last?

Student loan borrowers’ increasing debt trajectory through the pandemic has been outpacing that of non-student loan borrowers

Student loan borrowers already exhibiting higher delinquency rates than they did pre-pandemic on some credit products

What are the drivers behind this mortgage and auto loan payment hierarchy behavioral shift and is it likely to be a lasting trend?

Based on FICO’s analysis, only 3% of FICO scorable consumers would be impacted by medical collection removals

Paying down credit card balances, driven by reduced spending, increased savings and awareness, among other factors, helped many consumers show improvement in FICO® Scores.

FICO has helped Santa deliver this Christmas - the next step in decision management is to see how he could do better next year

How much does missing a payment impact a FICO® Score?

In this post, I explore the benefits of applying data-driven techniques to strategy design.