Re:FICO to incorporate buy-now-pay-later loans into credit s...
by zajio1am on Tuesday June 24, 2025 @06:33AM
(#44364666)
> You use credit to buy a car or buy a house when you don't have the cash to buy them up-front.
Still the same principle - you buy long-term asset that makes rent-equivalent money if you rented that otherwise. That is different than borrowing for immediate consumption.
Still the same principle - you buy long-term asset that makes rent-equivalent money if you rented that otherwise. That is different than borrowing for immediate consumption.