Discover how credit scores and credit reports differ, why each is important, and how they impact your financial life.

Changes in the way credit scores are determined are on their way. The change means that millions of people could end up paying more when they take out a loan. FICO scores are used to assess a consumer ...

Many consumers have been using buy now, pay later payment options like Affirm, PayPal Credit or Klarna — surveys put usage at 20% to 30%. It’s not only convenient, but some people also like that these ...

As the use of these easy-credit installment loans has grown, FICO said repayment data would provide more insight on consumers’ credit readiness. By Kailyn Rhone How consumers use “buy now, pay later” ...

(Bloomberg) -- FICO is introducing two credit scores that incorporate buy-now, pay-later data, underscoring how significant a part of the consumer credit landscape the popular and controversial ...