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FICO said the introduction of this scoring represents a significant shift, as lenders catch up with consumers’ growing reliance on BNPL loans.
Experts recommend keeping a close eye on your credit score, especially if you are using “buy now, pay later” loans. According ...
Klarna’s pivot away from being a pure BNPL player has accelerated since the company was forced to pause its IPO plans in the ...
Last week, Fair Isaac Corp. FICO-N, a major credit-scoring provider often known as FICO, announced that it would start factoring BNPL payment history into its U.S. credit scores. The number of ...
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Econostrum on MSNBuy Now, Pay Later Loans Set to Affect Credit ScoresBuy Now, Pay Later (BNPL) loans will begin to affect the credit scores of millions of Americans. This change follows an ...
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