Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans who use the loans to buy clothing, furniture, concert tickets, and takeout. Scoring company FICO said Monday that it is rolling out a new model that factors the short-term loans into their consumer scores.

FICO announced a new model that will factor Buy Now, Pay Later (BNPL) loans into consumer credit scores, marking a significant shift in creditworthiness assessment.

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