A new study finds that tenants who pay their rent on time can see “significant increases” if the payments are reported to ...

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 ...

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.

Credit scores directly affect debt consolidation rates and the cost of consolidating debt. Evaluate your credit score and ...

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, ...

Credit scores are calculated differently depending on the credit scoring model used. Lenders can pull from any scoring model they choose, but most rely on either the FICO score or the VantageScore.

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 ...

Unemployment won't directly affect your credit score. Your credit score is a reflection of your history with credit accounts, ...

Your credit score updates every time your credit report changes, but the exact timing varies. Most lenders, like credit card companies, banks or loan providers, report your financial activity to ...

FICO is launching two new credit scores that include Buy Now, Pay Later (BNPL) loans for the first time. The new scores use ...