FICO will begin including buy-now-pay-later loans
FICO to incorporate buy-now-pay-later loans into credit scoresNathan BomeyIllustration: Aïda Amer/AxiosFICO credit scores will begin incorporating buy-now-pay-later data for the first time.Why it matters: With over 90 million Americans expected to use BNPL for purchases this year, critics argue that existing credit scores paint an incomplete picture of an individual's ability to pay back loans.Driving the news: Fair Isaac Corp., which runs FICO, said Monday that it will launch two separate credi...
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