Fair Isaac Corp. (FICO) will incorporate Buy Now, Pay Later (BNPL) data into two of its credit scores set to launch in Fall 2025. The company, which owns the rights to the market’s most widely adopted consumer credit risk assessment methodology, announced the move on Monday.

The change will provide mortgage brokers, loan officers and lenders with visibility into what has often been called “phantom debt” — installment loans that previously did not appear on borrowers’ credit reports. BNPL is a type of short-term financing that gained popularity during the COVID-19 pandemic, particularly among younger and underserved details ⇒

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