Credit scores will begin to take into account the loans tied to the “pay later” option at checkout, Imani Moise of The Wall Street Journal reports. FICO (FICO) plans to roll out a new model that factors into its scores the “buy now, pay later” loans, which would be the first time the company has introduced a score to account for a type of loan. Companies in the space include Affirm (AFRM) and Klarna (KLAR).
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FICO:
- Fair Isaac (FICO) Will Now Include BNPL Loans in Credit Scores
- Early notable gainers among liquid option names on June 20th
- Fair Isaac’s $1 Billion Share Buyback Boosts Buy Rating and Target Price
- FICO approves new stock repurchase program up tp $1B
- 3 “Strong Buy” Technology Stocks to Buy Now, 6/16/25, According to Top Analysts