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You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...
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.
Buy-now-pay-later loans find a place in FICO credit scores, reflecting their growing role in consumer finance.
Experts recommend keeping a close eye on your credit score, especially if you are using “buy now, pay later” loans. According ...