FICO’s new credit scores will include buy now, pay later loans data. Here’s how it could impact your score

FICO’s new credit scores will include buy now, pay later loans data. Here’s how it could impact your score

Buy now, later (BNPL) payment options are increasingly popular, especially among young consumers. A recent study from JD is that it is actively using BNPL loans to purchase 42% of the Gen Z. However, BNPL loans are not integrated by large credit scoring companies, ie the lender that lenders are likely to measure borrowers and … Read more

SBA Reminds Pennsylvania Small Businesses of Upcoming Deadline for Drought Relief Loans

SBA Reminds Pennsylvania Small Businesses of Upcoming Deadline for Drought Relief Loans

The US Small Business Department (SBA) calls on small enterprises and personal non-profit organizations affected by drought to apply for federal disaster loans on September 2024, 2025. Help, Pennsylvania and Marshall, Monongalia and Marshall, Monongalia and Wetzel districts in West Virginia, Monongalia and Wetzel are taken under the disaster declaration for Greene, Fayette and Washington … Read more

Top Options for Minority Business Loans

Top Options for Minority Business Loans

Minority entrepreneurs are driving economic growth and innovation across industries. With updated statistics showing that black-owned businesses employ almost 1.2 million people, the importance of minority business loans cannot be overstated. These loans empower minority communities to start and expand businesses, contributing significantly to our economy. In this context, it’s essential to mention the growing … Read more