Paying your credit card bill on the wrong day could cost you. Expert John Liang reveals the best and worst days to pay—and ...

FICO will begin factoring Buy Now, Pay Later (BNPL) loans into scoring models, and consumer credit scores can suffer as a ...

Pay Later services are increasing in popularity with consumers, and with the proper insights, retailers can capitalize on this trend.

Recently, the current Federal Housing Finance Agency (FHFA) director announced that lenders will be allowed to use a second credit scoring methodology to assess creditworthiness for ...

Kikoff, the credit-building platform used by over a million Americans, today released its Economic Trust Report, based on their nationally representative survey conducted by The Harris Poll among ...

Banks don’t want you bingeing on “buy now, pay later” plans, and they say it might actually hurt your chances of getting ...

Can you hear the canary in the economy’s coal mine singing her heart out? You know that we are headed for trouble when some masses ...

BNPL lets people dig deeper into the debt hole, which “will be harder and harder to climb out of,” Ed deHaan, an accounting professor at Stanford Graduate School of Business, told Bloomberg News. That ...

It’s not like a credit card, where you keep the item and pay interest. With layaway, you get nothing if you can’t finish paying. 3. Layaway Can Make You Spend More Than You Planned Layaway makes it ...

A LendingTree survey found 41% of Buy Now, Pay Later users made a late payment over the last year, up from 34% a year ago.

Rossman believes that customers who pay their debts promptly should be fine under the new rules, but hedges his bets despite FICO assurances. "Things like frequent opening and closing of accounts ...