Exclusive: Edge Focus inks $500M auto loan deal with private credit manager
Private credit firm Edge Focus is launching a joint venture with a large private credit manager to purchase as much as ...
Tag: FICO
BNPL projected to affect credit scores by 10 points
As buy now, pay later use rises and that debt begins to be reported to credit agencies, the impact is ...
FICO to offer credit scores including buy-now, pay-later data
FICO is introducing two credit scores that incorporate buy-now, pay-later data, underscoring how significant a part of the consumer credit ...
FICO scores for some with auto loans drop 100 points as student loan payments resume
The first effects of the U.S. Department of Education’s January decision to resume reporting delinquent student loan payments to credit ...
Nonprime auto lenders’ average funding times fall
PLANO, Texas — Nonprime auto lenders are prioritizing efficiency and digital contracting to speed funding. Of at least 20 lenders ...
Credit scores still key as auto lenders look to alternative data
Credit scores continue to be a key factor in auto lending, even as alternative data is incorporated in evaluating creditworthiness, ...
GM appoints Turovsky as first chief AI officer
Barak Turovsky has joined General Motors as its first chief AI officer, according to a post shared to his LinkedIn ...
US average FICO score holds steady after first-in-decade fall
The average consumer credit score in the US has steadied after its first slip in a decade. The national average ...
