You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem solved. Buy Now, Pay Later (BNPL) apps have made it convenient to split payments into smaller chunks without racking up credit card bills.

As the Federal Housing Finance Agency (FHFA) opens the gates for lenders to use VantageScore 4.0 alongside, or in place of, FICO scores for mortgages sold to Fannie Mae and

FICO (NYSE: FICO), global analytics software leader, today released a new white paper revealing that FICO® Score 10 T – the company’s most predictive and inclusive credit scoring model to date – overwhelmingly outperforms VantageScore 4.

Adding this competitor created by the big three credit bureaus likely means credit score prices will go up, not down.

A luxury villa in the Croatian seaside town of Ražanj – repeatedly linked to Prime Minister Robert Fico – has once again stirred media attention. While no official ownership has been confirmed, a trail of frontmen,

FICO is the first major credit score provider to incorporate BNPL information into its credit scores, the company said in a press release. But other leading credit score companies may follow FICO’s lead, bringing more clarity to a borrower’s use of lending solutions.

Private mortgage insurers must accept the FICO alternative as valid collateral before it can be widely adopted by the mortgage industry.

Financial analytics company FICO has announced two new scores that incorporate buy now, pay later (BNPL) loan data for the first time.

Many consumers have been using buy now, pay later payment options like Affirm, PayPal Credit or Klarna – surveys put usage at 20% to 30%. It's not only convenient, but some people also like that these payment plans do not involve credit checks or impact credit scores.

A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO score or one from a rival, VantageScore.