The average credit score in February 2025 was 715, according to FICO, the data analytics firm whose scoring models are used in 90% of lending decisions. That's compared to 716 in January 2025 and 717 ...

The credit scoring company FICO recently announced it will add something new to some of its credit scores: data from buy now, pay later loans. Those are the loans that allow shoppers, usually online, ...

As the use of these easy-credit installment loans has grown, FICO said repayment data would provide more insight on consumers’ credit readiness. By Kailyn Rhone How consumers use “buy now, pay later” ...

FICO said on Monday that it is going to incorporate buy now, pay later (BNPL) data into credit scores as the payment method surges in popularity. The FICO Score 10 BNPL and FICO Score 10 T BNPL will ...

Is an 850 credit score worth chasing? See why perfect credit does not unlock better deals than an excellent score -- and what matters more.

Credit scores play a central role in people's lives. Fair Isaac Corp., or FICO, has dominated credit scoring until recently. The credit-scoring industry is going through a big shift as companies ...

A FICO score below 580 or a VantageScore of less than 601 is considered a bad credit score. If your score falls in the bad credit range, you will face less favorable outcomes with lenders (who may ...

Your starting credit score depends on your initial credit activity; there is no standard starting point. You need at least one open account with one to six months of activity reported to receive a ...

FICO has updated its latest credit score models to include buy now, pay later data, showing how important this pandemic-era tool has become in the overall consumer debt market. Processing Content The ...

Credit scores will start to take into account the hundreds of millions of loans tied to the “pay later” option at checkout.