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 ...

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, ...

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 ...

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” ...

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 ...

New credit decisioning offering provides actionable, data-driven insights to help accelerate approvals and assist borrowers in achieving homeownership FICO has released a new mortgage score simulator ...