News

The concern for consumers is that this additional data held by companies may come at the expense of controlling access to it, ...
FICO is the first major credit score provider to incorporate BNPL information into its credit scores, the company said in a ...
You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...
With persistence and grit, the founders slowly gained traction. In the past year alone, Sunbit secured backing from major ...
Credit restoration expert Micah Smith cautions over buy now, pay later loan data hitting your credit report negatively and causing "some pretty large catastrophe." ...
Affirm Holdings, Inc. AFRM has developed a robust system to handle a higher number of transactions by leveraging its ...
Finder.com reports that BNPL can be cheaper short-term than credit cards, but credit cards offer more consumer protections ...
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BNPL Loans Will Soon Impact Your Credit Score
Key Points ・FICO is launching a new credit score model that includes BNPL loans. ・Consumers may see their scores rise or fall depending on how these loans are used. ・The changes will roll out ...
FICO, the company behind the most widely used credit scoring models in the U.S., has developed two new algorithms that, for ...
The Federal Reserve governor said the uptick in buy now pay later repayment issues is likely a sign that consumers don't ...
Targeted Support for Middle-Income Clients Advisors must recognize the financial fragility creeping into middle-income ...
Many consumers have been using buy now, pay later payment options like Affirm, PayPal Credit or Klarna – surveys put usage at ...