Pay Later services are increasing in popularity with consumers, and with the proper insights, retailers can capitalize on this trend.

Buy now, pay later loans that let shoppers split payments into installments have become increasingly popular. Soon, that data will be incorporated into people's FICO credit scores.

FICO's new credit scores will include Buy Now, Pay Later loans, impacting consumers' credit scores starting late 2025. Understand the changes now!

FICO, the company whose credit scores are used by 90 percent of U.S. lenders, said it would start including a person’s “buy now, pay later” payment history in its all-important credit score.