'Buy now, pay later' purchases can now affect your credit score. Here's what that means

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

Services that split up payments into installments are increasingly popular, especially among young and low-to-middle income shoppers. But now the FICO credit scoring company will be tracking that debt.

(Image credit: Justin Sullivan)