News

Typically, when using Buy Now, Pay Later loans, consumers pay for a given purchase in four installments over six weeks, in a model more similar to layaway than to a traditional credit card. The loans ...
BNPL companies like Afterpay and Klarna will begin reporting users’ loans and payments to FICO, the company behind the most ...
FICO, the company whose credit scores are used by 90 percent of U.S. lenders, said it would start including a person’s “buy now, pay later” payment history in its all-important credit score.
Like it or not, your credit score plays a pivotal role in your financial life. It serves as a reflection of how responsibly ...
Millions of Americans who rely on 'Buy Now, Pay Later' (BNPL) schemes for everything from clothing to concert tickets will soon see these short-term loans directly impact their credit scores, marking ...
Hundreds of millions of ‘Buy Now, Pay Later' loans will soon affect credit scores for millions of Americans who use the loans to buy clothing, furniture, concert tickets, and takeout.