New credit score models assess the creditworthiness of aspiring homebuyers who are often overlooked by more traditional ...

The government-backed entities are embracing a rival type of credit score.

How consumers use “buy now, pay later” loans will be incorporated into one of the key metrics used to determine credit worthiness. FICO, the company whose credit scores are used by 90% of U.S. lenders ...

SEATTLE — FICO, the company behind the most widely used credit scoring models in the U.S., has developed two new algorithms that, for the first time, will incorporate buy now, pay later (BNPL) payment ...