News

FICO, one of the two major credit scoring models, this week unveiled its FICO® Score 10 BNPL and FICO® Score 10 T BNPL ...
FICO said the introduction of this scoring represents a significant shift, as lenders catch up with consumers’ growing ...
Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans who use the loans ...
A new study finds that tenants who pay their rent on time can see “significant increases” if the payments are reported to ...
Like it or not, you have a number — and it’s either helping or hurting you. Here’s a simple guide to making yours better.
FICO will add buy now, pay later loans to credit scores, a move that could affect mortgage applicants as lenders begin ...
Credit scores directly affect debt consolidation rates and the cost of consolidating debt. Evaluate your credit score and ...
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 ...
According to a 2018 study done by Credit Sesame, people who had a fair credit score saw their credit score improve nearly 11% just three months after becoming an authorized user on someone's ...
Canadians may see their use of buy-now-pay-later loans included in their credit scores in the near future, a sign that the increasingly popular instalment loans can no longer be ignored. Last week, ...
Unemployment won't directly affect your credit score. Your credit score is a reflection of your history with credit accounts, ...
FICO is launching two new credit scores that include Buy Now, Pay Later (BNPL) loans for the first time. The new scores use ...