News

This fall, FICO's new models will track your BNPL payments, so those previously invisible late payments could now hurt your ...
Credit bureaus were supposed to start incorporating buy now, pay later (BNPL) data into credit scores given how the payment method has surged in popularity, but several of the firms issuing these ...
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.
Should buy now, pay later factor into credit scores? Klarna and Afterpay say they won’t share their data with the credit bureaus until they know it won’t harm their customers.
A New York Fed report shows credit card delinquency rates for Americans under 40 remain unusually elevated, with Gen Z facing increasing financial pressures.
FICO is introducing two credit scores that incorporate buy-now, pay-later data, underscoring how significant a part of the consumer credit landscape the popular and controversial installment plans ...
The Consumer Financial Protection Bureau says that buy now, pay later lenders must provide the same protections and rights as credit card providers.
"Buy Now, Pay Later loans are playing an increasingly important role in consumers’ financial lives," said Julie May, vice president and general manager of B2B Scores at FICO.
Buy now, pay later companies like Klarna and Afterpay refuse to share payment data with credit bureaus, citing concerns customers could be unfairly penalized.