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FICO is launching two new credit scores that include Buy Now, Pay Later (BNPL) loans for the first time. The new scores use ...
Financial analytics company FICO has announced two new scores that incorporate buy now, pay later (BNPL) loan data for the ...
As the use of these easy-credit installment loans has grown, FICO said repayment data would provide more insight on consumers ...
Mortgage lenders typically evaluate a borrower’s creditworthiness using FICO Scores 2, 4, and 5. These scores are the ones used by Experian, Equifax and TransUnion — the three major credit ...
FICO scores, which range from 300 to 850, fluctuate based on updates to borrower behavior that is tracked by the three major U.S. consumer reporting agencies: Equifax, TransUnion and Experian.
FICO Score 4 (Equifax): 683. FICO Score 5 (TransUnion): 694. Of these, 683 is the score they would use to determine your eligibility, as well as to calculate your interest rate.
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