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 ...

Changes in the way credit scores are determined are on their way. The change means that millions of people could end up paying more when they take out a loan. FICO scores are used to assess a consumer ...

Mortgage lenders will soon have a new way to assess borrowers applying for government-backed loans. That sent the stock of America’s biggest credit score company plunging Tuesday. Federal Housing ...

The credit scoring company FICO recently announced it will add something new to some of its credit scores: data from buy now, pay later loans. Those are the loans that allow shoppers, usually online, ...

As the use of these easy-credit installment loans has grown, FICO said repayment data would provide more insight on consumers’ credit readiness. By Kailyn Rhone How consumers use “buy now, pay later” ...

This is read by an automated voice. Please report any issues or inconsistencies here. Gen Z has seen its credit scores drop more than any other generation over the last year, largely because of ...

Americans now have a new credit option to use when applying for a mortgage, and it allows them to use their rent payments as a qualifying factor. President Donald Trump's administration announced this ...

Fair Isaac is best known as the creator of the FICO credit score, the lending industry’s standard for assessing consumer credit risk. It also develops analytics, decision-management, and ...