FICO score

Citigroup’s 3% Branded Card Spend Growth Driven by Higher FICO Consumers
Citigroup’s 3% Branded Card Spend Growth Driven by Higher FICO Consumers
July 12, 2024  |  Earnings

Citigroup’s earnings results showed a bit of bifurcation in consumer spending, as higher credit scoring individuals continue to use their cards and lower FICO consumers...

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Discover and Capital One Card Delinquencies Point to Pressures for Prime, Near-Prime Consumers
Discover and Capital One Card Delinquencies Point to Pressures for Prime, Near-Prime Consumers
December 18, 2023  |  Credit Cards

Card delinquencies and charge-offs offer evidence of the struggles of meeting current obligations. They can also be a harbinger of spending slowdowns in the future....

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Consumers’ Openness to Payment Options Drives Better Credit Scores
Consumers’ Openness to Payment Options Drives Better Credit Scores
December 05, 2022  |  Payment Methods

Consumers willing to try something new at checkout could boost their credit scores. This at a time when new findings in the report “New Payment Options:...

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LendingClub President: FICO’s New Model Won’t Save A Credit Scoring ‘Dinosaur’
LendingClub President: FICO’s New Model Won’t Save A Credit Scoring ‘Dinosaur’
January 24, 2020  |  Consumer Finance

In lending, in determining whether credit is likely to be repaid by a borrower, the devil is in the details. What if the details are...

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Nav CEO On Breaking SMB Financing’s ‘Black Box’
Nav CEO On Breaking SMB Financing’s ‘Black Box’
February 18, 2019  |  Alternative Finances

Starting a business in the United States requires being courageous, someone who embraces the idea of success as a long shot. In fact, to be...

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Experian ‘Boost’ Improves FICO Scores Via Data
Experian ‘Boost’ Improves FICO Scores Via Data
December 19, 2018  |  Financial Inclusion

Experian has announced the launch of Experian Boost, a free online platform that allows consumers to potentially boost their credit scores in an instant. Through...

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Finding A Better Credit Fix For Near-Prime Customers
Finding A Better Credit Fix For Near-Prime Customers
May 15, 2018  |  Alternative Finances

Fair Square Financial entered the financial services world a few years ago with two observations about why the world needed another non-bank lender. The first being that...

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Why Regulation Won’t Fix Credit Reporting Agencies
Why Regulation Won’t Fix Credit Reporting Agencies
September 18, 2017  |  Regulation

Some of the most memorable television commercials of the 1970s and 1980s were those promoting E. F. Hutton’s brokerage services. When its tagline, “When E....

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Consumer Credit: Privilege Or Entitlement?
Consumer Credit: Privilege Or Entitlement?
August 25, 2017  |  Debt

There isn’t much that can be said about the “average” American credit user in 2017 because, as it turns out, there really isn’t one. According...

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