News

BNPL Coming to FICO Credit Scores Later this Year
Many consumers have been using buy now, pay later payment options like Affirm, PayPal Credit or Klarna – surveys put usage at ...
Does buy now, pay later affect your credit score?
The company behind the FICO score is going to start including a person's 'buy now, pay later' payment history in its credit ...
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'Buy Now, Pay Later' Plans Will Start to Impact Your Credit Score Later This Year. Here's How
FICO unveiled new scoring models that consider BNPL plans.
Pay Later, pay the price: the new loan rules that could impact your credit score
Matt Schulz, chief consumer finance analyst at LendingTree, explains changes to buy now, pay later loans. The loan type has ...
A way for people with low credit scores to raise them
A new study finds that tenants who pay their rent on time can see “significant increases” if the payments are reported to ...
Buy now, pay later loans will soon affect some credit scores
Typically, when using Buy Now, Pay Later loans, consumers pay for a given purchase in four installments over six weeks, in a ...
Buy Now, Pay Later loans popular among Gen Z, Millennials will soon affect credit scores
FICO said the introduction of this scoring represents a significant shift, as lenders catch up with consumers’ growing ...
How Your Credit Score Can Make or Break Debt Consolidation Savings
Credit scores directly affect debt consolidation rates and the cost of consolidating debt. Evaluate your credit score and ...
Thinking of loan settlement? Here's how it can damage your credit score and future borrowing
Loan settlement can provide short-term relief for borrowers facing financial difficulties but negatively impacts credit ...
Buy now, pay later plans will soon impact your credit score—what you need to know
The company behind FICO credit scores announced plans to include buy now, pay later installment loans in users’ scores ...
Why your credit score matters in marriage, jobs, and renting a home
Most individuals consider a credit score something that is relevant only when taking out a loan or credit card. However, in the actual sense, this three-digit score has a much wider function, ...