Technological advancement has given modern financial lenders an unparalled capacity to reduce lending risk, now that lenders ...

Although your VantageScore and FICO credit scores are calculated differently, the key to maintaining healthy scores is the ...

There are different credit scoring systems available, the most popular being FICO and VantageScore. Each model has several versions and some are even tailored to specific lending industries, like ...

Vice President Dr. Mahamudu Bawumia has launched myCreditScore, a groundbreaking credit scoring system that aims to transform ...

A good credit score is important for getting access to loans, rental options and even job opportunities. Good credit can lead ...

After Dr. Bawumia has spilled about implementing this policy, it has raised some people's eyebrows : the cynics, party - ...

For the past three decades, a concerning trend has been growing in the financial world: the belief that a credit score is the ...

By Kizito CUDJOE The Vice President, Dr. Mahamudu Bawumia, has introduced ‘MyCredit Score’ – a pioneering credit score system ...

Your credit score is more than just your spending history. It is a new invention designed to trap modern consumers.

But your credit score isn't just impacted by your credit ... It doesn't really matter what notification system you use so long as you pay on time. The sooner you start paying on time, the sooner ...

The FICO credit score system ranges from 300 to 850, and is used by most lenders. The average FICO credit score in the U.S. is 717, according to 2023 data from FICO. That is down a point from 2023.

which are the two main credit scoring systems used by the majority of lenders to evaluate how well you're managing your credit. "Think of those like Coke and Pepsi," John Ulzheimer, a credit ...