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