As technology evolves, the cash component of credit underwriting continues to be a key part of development by service providers. Not long after Experian rolled out its latest tool with a cash ...

Buy now, pay later (BNPL) payment options are increasingly popular, particularly among young consumers. A recent survey from J.D. Power shows that 42% of millennials and Gen Z actively use BNPL loans ...

Analytics software provider FICO (NYSE: FICO) announced a partnership with Plaid, a financial data network, in order to enable the so-called next generation of the cash flow UltraFICO Score. This ...

FICO plans to include “buy now, pay later” histories in credit scores, marking the first time a leading credit score provider will include the data. FICO announced two new credit scores earlier this ...

The enhanced UltraFICO score solution uses Plaid's systems to accept and analyze real-time cash-flow data, or information about the money moving in and out of a consumer's financial accounts. Older ...

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 ...

Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.

Your score is constantly changing because lenders regularly provide new information about you to the credit bureaus. For ...

As you get familiar with your credit, you’ll quickly realize multiple types of scores exist. Although both FICO scores and credit scores exist, understanding which one lenders use can be helpful.

What is considered a good credit score depends on the type of credit score used. You have multiple credit scores, but the most popular type of score is FICO, followed by VantageScore.

FICO announced that two new scores coming this fall will incorporate BNPL activity. The new scores will treat BNPL differently from other credit and loan products. Consumers who use BNPL responsibly ...