FICO's Trading Volume Drops 54.82% Ranking 212th as it Integrates BNPL Data into Credit Scores

On June 30, 2025, Fair Isaac Corporation (FICO) saw a trading volume of 3.66 billion, a 54.82% decrease from the previous day, ranking 212th in the day's stock market activity. FICO's stock price increased by 0.51%, marking the second consecutive day of gains, with a total increase of 0.53% over the past two days.

FICO has announced a significant update to its credit scoring model, which will now include Buy Now, Pay Later (BNPL) data. This change is a result of a joint study with Affirm and marks the first time BNPL data will be incorporated into credit scores. The new scores will provide a more comprehensive view of a consumer's creditworthiness by including their BNPL payment history.

This update is part of a broader shift in the credit industry, as more lenders begin to report BNPL transactions to credit bureaus. While BNPL loans do not currently factor into credit scoring models, lenders can still see this activity and may use it to assess a borrower's repayment capacity. This change is particularly relevant for younger consumers, who often use BNPL services as their first financing experience.

FICO's decision to include BNPL data in its credit scores is a response to growing concerns about the impact of BNPL debt on borrower risk. Recent research has shown that younger consumers and those with lower credit scores are more likely to use BNPL services and may struggle to repay their debts. By incorporating BNPL data into credit scores, FICO aims to provide a more accurate assessment of a consumer's credit risk and help lenders make more informed lending decisions.