Renters using Esusu programs have reportedly realized an average increase of 45 points to their credit scores.Michael Nagle/Bloomberg Rent reporting platform Esusu raised $50 million in a Series C funding round, which it plans to use to scale three specific programs. Processing Content The New York City-based fintech now counts total capital raised to over […]
Rent reporting fintech Esusu raises $50 million Read More »
The mortgage industry is up in arms about price increases for credit score pulls. “By now, half the mortgage industry has seen the proposed increases for accessing consumer credit,” a LinkedIn post from NFM Lending Managing Director Greg Sher said. “It’s anywhere from 40-100% – this is on the heels of 700% increases over the
MBA objects to credit report price hike, wants single pull Read More »
Zillow is helping renters use their monthly payments to boost their credit profiles through CreditClimb, a new tool powered by Esusu. Renters can now enroll in CreditClimb directly through Zillow to have their on-time rent payments reported to the three major credit bureaus for $20 a year. The tool also helps renters track their credit
Zillow launches new tool to help renters build credit Read More »
The National Consumer Reporting Association (NCRA) must respond to comments made by Christopher Whalen in a Loan Think piece, Why credit score politics have nothing to do with lending (Oct. 14, 2025). NCRA’s credit report resellers play a critical role in the home loan process, opening doors for consumers to housing. Consumers and others must
NCRA responds to Loan Think column on credit scores Read More »
Lenders can expect to see a concrete milestone reached in credit scoring changes by early next year, a Mortgage Bankers Association official said at the 2025 MBA Annual conference in Las Vegas on Monday. Sasha Hewlett, associate vice president of secondary and capital markets at the MBA, said regulators are currently weighing credit score change
Credit score update coming early 2026, MBA says Read More »
TransUnion is the latest company to make a move in the credit score war between VantageScore and Fair Isaac Corp.’s FICO score, following partners Experian and Equifax. Transunion will offer VantageScore 4.0, a credit scoring model, for $4 in 2026. Experian will provide it for free to its clients indefinitely and Equifax will charge $4.50
TransUnion to offer VantageScore 4.0 at discount Read More »
Every day my family rents to people who pay their rent on time, balance their budget and save responsibly. Yet when the time comes for them to buy a home, the traditional credit system does not recognize their financial discipline. According to the 2023 National Association of Realtors report, 65% of Millennials and Generation Z
Why renters deserve a fair credit score Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors. The political conversation in Washington about credit scores has reached a new level of absurdity. This is hardly a surprise, however, since the Trump Administration has targeted housing affordability as a national priority. But the conversation about housing in the nation’s capital
Why credit score politics have nothing to do with lending Read More »
Equifax is rolling out a new pricing strategy and incentives in response to FICO’s program announced last week as the dispute between score providers heats up. The credit reporting agency will offer the competing Vantagescore 4.0 metric from FICO’s rival at a price of $4.50 through 2027, a cost it claims is more than 50%
Equifax slashes VantageScore price to undercut FICO Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors. AEI’s flawed conclusions, if taken at face value, could wrongly influence how the mortgage industry approaches credit access, risk, and consumer inclusion. The American Enterprise Institute’s latest critique of VantageScore’s recent white paper doubles down on their false assertion that VantageScore is picking GSE
Why AEI’s VantageScore 4.0 critique misses the mark Read More »