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FICO is launching two new credit scores that include Buy Now, Pay Later (BNPL) loans for the first time. The new scores use ...
Financial analytics company FICO has announced two new scores that incorporate buy now, pay later (BNPL) loan data for the ...
FICO will add buy now, pay later loans to credit scores, a move that could affect mortgage applicants as lenders begin ...
The new scores, known as FICO Score 10 BNPL and FICO Score 10 T BNPL, may also open the doors to further financial inclusion.
In a significant update to credit scoring coming this fall, FICO will now include Buy Now, Pay Later (BNPL) data in its ...
The company behind FICO credit scores announced plans to include buy now, pay later installment loans in users’ scores ...
Millions of Americans who rely on 'Buy Now, Pay Later' (BNPL) schemes for everything from clothing to concert tickets will ...
Although credit bureaus have collected this data for three years, it's only now being factored into assessments of consumer creditworthiness.
FICO launched two credit scores that incorporate consumers' record of paying back buy now, pay later loans, the analytics ...
FICO says its FICO Score 10 BNPL and FICO Score 10 T BNPL — set to launch this fall — would be the first credit scores from a leading scoring company to account for Buy Now, Pay Later activity.
The scoring models, which incorporate loan history from buy now, pay later services, like Klarna, Affirm, and Afterpay, will exist alongside FICO’s standard credit score. FICO trained the models on ...