Typically, when using Buy Now, Pay Later loans, consumers pay for a given purchase in four installments over six weeks, in a ...

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FICO said the introduction of this scoring represents a significant shift, as lenders catch up with consumers’ growing ...

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As the use of these easy-credit installment loans has grown, FICO said repayment data would provide more insight on consumers ...

The company behind FICO credit scores announced plans to include buy now, pay later installment loans in users’ scores ...

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FICO announced Monday that it will begin incorporating buy-now-pay-later data into new scoring models, marking the first time the company has factored the popular loans into credit scores.

The loan type has been growing rapidly, but the credit-scoring industry has puzzled over how to evaluate it.