FICO announced this week that buy-now-pay-later loans will now be included on credit reports and credit scores. The new credit scores will be “offered side-by-side with existing versions of the FICO ...
Credit scores play a central role in people's lives. Fair Isaac Corp., or FICO, has dominated credit scoring until recently. The credit-scoring industry is going through a big shift as companies ...
Exactly 30 years ago, Fannie Mae and Freddie Mac adopted credit reports and their scores from FICO as a basis for mortgage credit decisions (approval or denial) and risk-based loan pricing. That FICO ...
FICO to include buy-now-pay-later loans on credit reports Buy-now-pay-later loans find a place in FICO credit scores, reflecting their growing role in consumer finance. (Scripps News) ...
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