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Scripps News

FICO to include buy-now-pay-later loans on credit reports

Scripps News · 10 days ago
Scripps News
Scripps News
10 days ago

Buy-now-pay-later loans find a place in FICO credit scores, reflecting their growing role in consumer finance.

BreakdownGenerated by LeadStory AI
  • FICO will soon update its credit scoring model to include buy-now-pay-later loan data. 7s
  • The new scores aim to be more inclusive by showing consumers' repayment behavior. 14s
  • These updated credit scores are expected to be available in the fall. 22s
  • The new scores will be offered alongside traditional credit scores. 22s
Finance