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News Articles: credit scores

Buy now, pay later loans that let shoppers split payments into installments have become increasingly popular. Soon, that data will be incorporated into people's FICO credit scores.

'Buy now, pay later' purchases can now affect your credit score. Here's what that means

Services that split up payments into installments are increasingly popular, especially among young and low-to-middle income shoppers. But now the FICO credit scoring company will be tracking that debt.

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By:
  • Laurel Wamsley
Kayce Atencio, who has been shadowed by medical debt for most of his adult life, had been unable to rent an apartment because of poor credit due to medical debt, he said. Recent reporting changes by credit rating agencies have removed many debts from consumer credit reports and lifted scores for millions, a new study finds.

As some medical debt disappears from Americans' credit reports, scores are rising

Credit rating agencies have removed small unpaid medical bills from consumer credit, and some people are seeing their credit scores improve, a new study finds.

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By:
  • Noam Levey
Yazmin Lopez, here at home in Madison, Wis., first learned about credit scores from a personal finance book she picked up at Goodwill a few years after coming to the U.S. as a teenager.

Welcome to America! Now learn to be in debt

The U.S. economy counts on you to borrow money and stay in debt for a credit score. But what if you were taught to never owe anybody anything?

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By:
  • Alina Selyukh and
  • Tirzah Christopher