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News

loans will soon hit credit scores

Fast Company on MSN · 1d
FICO’s new credit scores will include buy now, pay later loans data. Here’s how it could impact your score
Financial analytics company FICO has announced two new scores that incorporate buy now, pay later (BNPL) loan data for the first time.
Fox Business on MSN · 1d
Buy now, pay later loans will now impact Americans' credit scores
FICO credit scoring models will be the first to include buy now, pay later data as the payment method continues to surge in popularity among American consumers.
FOX 5 Atlanta · 8h
Buy now, pay later loans affecting credit scores: What to know
RELATED: Buy now, pay later loans will now impact Americans' credit scores Meanwhile, critics say that BNPL leads to "phantom debt" that could hurt credit scores. Phantom debt is debt that is either nonexistent, already paid, or inflated, and is being pursued by debt collectors.
1h
Mid-year money check: What your credit utilization says about you
Freedom Debt Relief reports that credit utilization affects scores; keep it under 30% for better credit health and check ...
10h
Does Unemployment Affect Your Credit Score?
Credit score is a reflection of your history with credit accounts, not your situation, unless your financial behavior changes ...
4d
A Way for People With Low Credit Scores to Raise Them
A new study finds that tenants who pay their rent on time can see “significant increases” if the payments are reported to ...

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