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

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

US consumers, especially Gen Z and millennial ones, have been embracing “buy now, pay later” services like Klarna and ...

RBI deputy governor M Rajeswhar Rao slammed banks for their aggressive sales tactics, especially mis-selling insurance and ...

As the use of these easy-credit installment loans has grown, FICO said repayment data would provide more insight on consumers ...

FICO credit scoring models will be the first to include buy now, pay later data as the payment method continues to surge in ...

FICO announced Monday that it will begin incorporating buy-now-pay-later data into new scoring models, marking the first time the company has factored the popular loans into credit scores.

FICO, the company behind the most widely used credit scores, announced a plan to start factoring buy now, pay later loans ...

Jake Paul, ahead of his next boxing match this Saturday, got into a verbal sparring match with host Piers Morgan on Thursday ...

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

The loan type has been growing rapidly, but the credit-scoring industry has puzzled over how to evaluate it.

Americans are managing their Buy Now, Pay Later loans soon could be reflected in their credit scores. FICO plans to launch a suite of credit scores later this year that incorporate BNPL data, ...