FICO, the credit scoring giant, will soon integrate 'Buy Now, Pay Later' (BNPL) data into its credit score calculations. This change, expected to launch this fall, will be implemented through the new ...

Director William Pulte described as "Huge!," a major obstacle that stalled efforts to introduce more inclusive credit scoring ...

NEW YORK -- It may soon be harder for many of us to get loans and open new credit. FICO, the system which calculates credit for roughly 110 million Americans, is changing the way it assigns scores, ...

If you’ve been enjoying the freedom of Buy Now, Pay Later (BNPL) services, you’ve been basking in a period of little to no consequences for missed payments. BNPL lets you spread out the cost of a ...

Changes in the way credit scores are determined are on their way. The change means that millions of people could end up paying more when they take out a loan. FICO scores are used to assess a consumer ...

Bill Pulte declared by tweet that homebuying costs would be lower if FICO had competition—a move that instead risks pushing credit-score prices higher.

BOZEMAN, Mont.--(BUSINESS WIRE)--Global analytics software leader FICO (NYSE: FICO) today announced a major shift in the delivery of FICO® Scores to the mortgage industry. With the launch of the FICO® ...

Fair Isaac Corporation's moat is being tested by the recent changes in the mortgage credit score system. But the real impact is limited: mortgage originations account for 44% of scores' revenues, and ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...