Lenders are now adopting VantageScore 4.0, FICO Score 10, and FICO 10T. These new models focus on trended data over 24 months, rewarding consistent on-time payments instead of just a snapshot of your credit.

A key highlight is the recent launch of UltraFICO, which includes real-time bank account data with your permission. This helps show a more accurate picture of your financial health, especially for gig workers and renters.

Other important changes include:

• Better inclusion of rent and utility payments

• Removal of small paid medical debts

• Faster fixes for credit report errors

These updates are expected to help more people qualify for mortgages and loans while encouraging responsible money habits.

Keep your credit card usage under 30% and always pay bills on time. Check your credit reports regularly.