Dave Ramsey is often unapologetic when it comes to the credit industry. In last year’s talk about his signature “7 Baby Steps,” the personal finance expert made one thing unmistakable: you don’t need a credit card, a car lease, or a high credit score to build wealth. Why Your Credit Score Doesn’t Mean You’re Winning To Ramsey, the FICO score is not a badge of financial health, but a reflection of how much someone has interacted with debt. “The FICO score mathematically is an ‘I love debt’ score,” he said. ...

FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing applicants. https://t.co/XHw9xLmctq ...