Buy Now, Pay Later (BNPL) loans will begin to affect the credit scores of millions of Americans. This change follows an ...

Typically, when using Buy Now, Pay Later loans, consumers pay for a given purchase in four installments over six weeks, in a ...

How consumers use “buy now, pay later” loans will be incorporated into one of the key metrics used to determine credit ...

We've decided to gather the most talked-about stories from the past week all in one place that you can check out during your free time over the weekend ...

FICO said the introduction of this scoring represents a significant shift, as lenders catch up with consumers’ growing ...

FICO is launching credit scores that finally incorporate Buy Now, Pay Later data. Find out what that means for you and your ...

By now, pay later loans have helped many people stretch their budgets by paying off purchases through installments. But soon, ...

FICO is launching two new credit scores that include Buy Now, Pay Later (BNPL) loans for the first time. The new scores use ...

Your credit score might soon be impacted by Buy Now, Pay Later loans - FICO believes the new model will responsibly expand ...

Buy now, pay later arrangements—also known as BNPL plans—may be convenient, but don’t forget that they’re loans. This means they could have an unexpected impact on your credit score.

Even though 620 is considered fair credit, a score below this is too low for a conventional mortgage. You'll likely need to use a government-backed loan program that can accommodate low credit scores.