News

FICO CIO Mike Trkay drives innovation with an unusually broad purview, managing technical operations behind ...
Typically, when using Buy Now, Pay Later loans, consumers pay for a given purchase in four installments over six weeks, in a ...
Why has it taken so long for BNPL plans to hit your credit report? Because BNPL plans are technically loans, but work ...
Financial analytics company FICO has announced two new scores that incorporate buy now, pay later (BNPL) loan data for the ...
FICO is introducing two credit scores that incorporate buy-now, pay-later data, underscoring how significant a part of the ...
The new scores, known as FICO Score 10 BNPL and FICO Score 10 T BNPL, may also open the doors to further financial inclusion.
As the use of these easy-credit installment loans has grown, FICO said repayment data would provide more insight on consumers ...
FICO will add buy now, pay later loans to credit scores, a move that could affect mortgage applicants as lenders begin ...
FICO launched two credit scores that incorporate consumers' record of paying back buy now, pay later loans, the analytics ...
The average credit score in February 2025 was 715, according to FICO, the data analytics firm whose scoring models are used in 90% of lending decisions. That's compared to 716 in January 2025 and ...
FICO stated that its new model accounts for this growing trend. Julie May, vice president and general manager of business-to-business scores at FICO, said: "Buy Now, ...