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FICO said it'll start including buy now pay later in credit scores. That could hurt the growing share of users who are ...
Key Points ・FICO is launching a new credit score model that includes BNPL loans. ・Consumers may see their scores rise or fall ...
Many consumers have been using buy now, pay later payment options like Affirm, PayPal Credit or Klarna – surveys put usage at ...
FICO unveiled new scoring models that consider BNPL plans.
FICO said the introduction of this scoring represents a significant shift, as lenders catch up with consumers’ growing ...
FICO CIO Mike Trkay drives innovation with an unusually broad purview, managing technical operations behind ...
Following a yearlong analysis with Affirm, the credit scoring company is moving forward with a plan to include BNPL loans in ...
The company behind the FICO score is going to start including a person's 'buy now, pay later' payment history in its credit ...
As the use of these easy-credit installment loans has grown, FICO said repayment data would provide more insight on consumers ...
FICO launched two credit scores that incorporate consumers' record of paying back buy now, pay later loans, the analytics ...
Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans who use the loans ...
Not sure how a FICO score vs. credit score affects you? Find out which one matters most for credit approvals and interest rates.