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FICO’s new credit scores include data from BNPL loans.
The models, which incorporate loan history from buy now, pay later services, like Klarna, Affirm, and Afterpay, will exist alongside FICO’s standard credit score. FICO trained the model on over ...
FICO Scores to Include a Shopper’s ‘Buy Now, Pay Later’ Loan History
As the use of these easy-credit installment loans has grown, FICO said repayment data would provide more insight on consumers ...
Parade on MSN4h
A Big Change Is Coming to Your FICO Credit Score—What You Need to Know
FICO is preparing to initiate a pair of new credit scores this fall that, for the first time since the payment option's ...
WBRE Wilkes-Barre on MSN5h
FICO to include buy-now-pay-later data in new credit scores
Your buy-now-pay-later activity could soon impact your credit score. FICO announced Monday that it will begin incorporating ...
Money blog: Bank offers new 7.1% savings rate; warning issued over Glastonbury tickets
Welcome to the Money blog, Sky News' personal finance and consumer hub. A digital bank has launched a savings account with a ...
Mid-year money check: What your credit utilization says about you
Freedom Debt Relief reports that credit utilization affects scores; keep it under 30% for better credit health and check ...