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