FICO ADDS “BUY NOW, PAY LATER” DATA TO CONSUMER CREDIT SCORES

Fair Isaac Corp. (“FICO”) announced this week that it will begin including buy now, pay later (“BNPL”) data in consumer credit scores, as more Americans continue to turn to the non-traditional credit product to purchase goods and services. This announcement is the latest move in efforts to incorporate BNPL into the existing American credit ecosystem. According to FICO, credit scores incorporating BNPL data are expected to be available in this fall…
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