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A comment on FICO to incorporate buy-now-pay-later loans into credit scores. Parent comment

Re:FICO to incorporate buy-now-pay-later loans into credit s... by forrestthewoods on Tuesday June 24, 2025 @05:22AM (#44364281)
> the average person

I’m pretty sure the median American does NOT carry a monthly CC balance. They pay it off in full every month.

But it’s very close to 50%. And may swing one side or the other depending on how fubar the economy is at that moment in time.

So what you said is true for roughly half of Americans. But not true at all for the other ~half.

I think.

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Re:FICO to incorporate buy-now-pay-later loans into credit s... by dgfitz on Tuesday June 24, 2025 @01:02PM (#44368335)
I looked it up, and most of the sources seem sketchy (quora, lendingtree), but they agree with your number.

I think the kicker is, the ~50% of people who don't pay them off in full every month can have a massive amount of CC debt and struggle to even make a dent in it.

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