The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for borrower applications.

Raise your hand if you know what a FICO score is. Now, keep your hand raised if you know the company that developed the FICO ...

You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...

Services that split up payments into installments are increasingly popular, especially among young and low-to-middle income ...

But BNPL loans have not been incorporated by major credit scoring companies, meaning that lenders attempting to size up borrowers and make lending decisions have had a blind spot regarding these debts ...

And right now, your FICO score doesn't include data about any buy now, pay later loans. But starting in the fall, two of FICO's scoring products — out of the 15 or so it offers — will ...

FICO said the introduction of this scoring represents a significant shift, as lenders catch up with consumers’ growing ...

FICO will incorporate Buy Now, Pay Later (BNPL) loan data into credit scores starting fall 2025. This change aims to provide lenders with a more complete picture of consumers' repayment habits.

FICO announced Monday that it will begin incorporating buy-now-pay-later data into new scoring models, ... meaning consumers’ repayment habits remained a mystery.

Buy now, pay later services will soon impact your credit score as FICO begins incorporating this data. According to Lending ...

FICO is launching new credit scores that incorporate buy now, ... But until recently, those loans were left off credit reports, meaning consumers’ repayment habits remained a mystery.