Most Recent Credit News

Household debt at a high, risks lurk beneath stable arrears

Household debt at a high, risks lurk beneath stable arrears

Household debt inched up to another record high in the first quarter even though nonmortgage-related debt drifted lower with a...

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MBA renews press for limited single report as scores compete

MBA renews press for limited single report as scores compete

Now that there are formal government-sponsored enterprise guidelines for score modernization that help fulfill a legislative mandate, the Mortgage Bankers...

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Experian responds to FICO, offers VantageScore 4.0 for free

Experian responds to FICO, offers VantageScore 4.0 for free

Amidst a credit score war, Experian has thrown the latest punch. The data and technology company will now offer VantageScore...

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Mortgages no longer top payment priority

Mortgages no longer top payment priority

Mortgages no longer sit atop the payment hierarchy, as distressed consumers are 19% more likely to pay their auto loans...

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