The rise of Buy Now, Pay Later (BNPL) services has provided American consumers with a flexible way to make purchases by breaking down payments over time. However, until now, these loans have largely gone unnoticed by traditional credit scoring systems.

FICO announced Monday that it will introduce a new credit scoring model that incorporates buy now, pay later — or BNPL — data for the first time.

Financial analytics company FICO has announced two new scores that incorporate buy now, pay later (BNPL) loan data for the first time.