New Development Could Improve Small Business Owners’ Credit
Summary
FICO has introduced updated credit scoring models—Score 10 BNPL and Score 10 T BNPL—that incorporate Buy Now, Pay Later (BNPL) data, offering a transformative opportunity for small business owners. For the first time, responsible BNPL use—such as on-time payments for inventory or essential expenses—will positively contribute to personal credit, rather than remaining invisible. FICO smartly aggregates BNPL accounts to assess overall exposure fairly, helping over 85% of users see neutral or higher scores, typically with a ~10‑point boost. The change brings greater transparency and inclusion, empowering entrepreneurs to build stronger credit histories and financial stability.
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