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 ...

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

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

The credit scoring company FICO recently announced it will add something new to some of its credit scores: data from buy now, pay later loans. Those are the loans that allow shoppers, usually ...

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 ...

Conclusion Despite the noise around the credit model transition, this is not the reason why I am downgrading FICO from my previous buy rating to hold.

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

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, marking the first time the company has factored the popular loans into credit scores.

FICO is launching new credit scores that incorporate buy now, pay later data, the company announced Monday.