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FICO to incorporate buy-now-pay-later loans into credit scores

(www.axios.com)
277 points cebert | 1 comments | 24 Jun 25 00:03 UTC | HN request time: 0.2s | source
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seatac76 ◴[24 Jun 25 00:42 UTC] No.44361739[source]▶
It probably makes sense to do so. Not that I condone the FICO hustle. But small loans can add up quickly and delinquencies need to be measured for financial market stability.
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kurthr ◴[24 Jun 25 00:47 UTC] No.44361769[source]▶
If you're paying for your food delivery on an installment plan, you're probably going to have a blow up.

https://www.nytimes.com/2025/03/23/business/doordash-klarna-...

replies(2): >>44364895 #>>44365290 #
1. hopelite ◴[24 Jun 25 11:14 UTC] No.44364895[source]▶
The worst part is that it will equally affect all the responsible people when it blows up just like it is affecting them now when BNPL is just one more way in which demand is artificially created that drives up prices.