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New York — Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans who use the loans to buy clothing, furniture, concert tickets, and takeout.
NEW YORK — Hundreds of millions of “Buy Now, Pay Later” loans will soon affect credit scores for millions of Americans who use the loans to buy clothing, furniture, concert tickets and takeout.
FICO will incorporate Buy Now, Pay Later (BNPL) loan data into credit scores starting fall 2025. This change aims to provide lenders with a more complete picture of consumers' repayment habits.
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