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You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...
If buy now, pay later firms know when consumers borrow heavily or fail to make repayments, providers may be reluctant to ...
With BNPL loans exploding in popularity, a change is coming to credit scoring that shows just how mainstream they have become ...
Starting this fall, buy now, pay later (BNPL) loans — the fast, flexible way to split up purchases over time — will be added to credit scoring models.
Buy now, pay later is an increasingly popular way to shop online that lets you split a purchase into multiple payments over ...
FICO is launching new credit scoring models that will track buy-now-pay-later payments for the first time. With 90 million ...
BNPL companies like Afterpay and Klarna will begin reporting users’ loans and payments to FICO, the company behind the most widely used credit scoring models.
FICO said it'll start including buy now pay later in credit scores. That could hurt the growing share of users who are ...
BNPL often shifts from a handy payment option to an ongoing debt pattern. Stealthy fees and credit score hits can trigger ...
NEW YORK (AP) — Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans ...