News

FICO, one of the two major credit scoring models, this week unveiled its FICO® Score 10 BNPL and FICO® Score 10 T BNPL ...
Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans who use the loans ...
FICO said the introduction of this scoring represents a significant shift, as lenders catch up with consumers’ growing ...
Like it or not, you have a number — and it’s either helping or hurting you. Here’s a simple guide to making yours better.
Credit scores directly affect debt consolidation rates and the cost of consolidating debt. Evaluate your credit score and ...
If you ask for limit increases too many times or on many cards, it may hurt your credit score. This is because every request ...
A credit score of 800 means you have an exceptional credit score, according to Experian. According to a report by FICO , only 23% of the scorable population has a credit score of 800 or above.
FICO announced Monday that it will begin incorporating buy-now-pay-later data into new scoring models, marking the first time the company has factored the popular loans into credit scores.
Unemployment won't directly affect your credit score. Your credit score is a reflection of your history with credit accounts, ...
The average credit score is 715, according to FICO, the data analytics firm whose scoring models are used in 90% of lending decisions. That's compared to 716 in January 2025 and 717 in April 2024 ...
Financial analytics company FICO has announced two new scores that incorporate buy now, pay later (BNPL) loan data for the ...
FICO is launching two new credit scores that include Buy Now, Pay Later (BNPL) loans for the first time. The new scores use ...