News

Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans who use the loans ...
As you're checking out the deals during Amazon's super-sized Prime Day—which will take place from July 8 to July 11, twice as long as usual—you might be tempted by Amazon's "affordable monthly payment ...
The company behind FICO credit scores announced plans to include buy now, pay later installment loans in users’ scores ...
In a significant update to credit scoring coming this fall, FICO will now include Buy Now, Pay Later (BNPL) data in its ...
How well — or how poorly — Americans are managing their Buy Now, Pay Later loans soon could be reflected in their credit ...
Americans using "buy now, pay later" plans to buy groceries, survey finds 04:27. A growing number of consumers are taking out "buy now, pay later," or BNPL, loans to cover everyday living expenses ...
BNPL services have become an enduring part of the US economy. That might not be a good sign. For consumers weighing a purchasing decision, buy now, pay later services like Klarna, Affirm, and ...
BNPL late fees averaged $7 for a loan taken out on a $135 purchase, according to the Federal Reserve Bank of Richmond.. Barrington advised "avoid signing a BNPL agreement you can’t take home and ...
According to the survey, 25% of American BNPL users said they used the method to buy groceries in the past year. For Gen Z, that figure jumps to 33%. Across all categories, ...
The BNPL powerhouse also recently made news for an integration with DoorDash that, as some skeptics cheekily noted, will let customers finance their burritos in four easy payments.
And it hits you: The small buy now, pay later (BNPL) loan you forgot to repay is coming back to bite you. That’s another reason to call one BNPL lender’s new partnership with food delivery app ...
Do BNPL companies report to credit bureaus? There is currently no regulation requiring BNPL lenders to report their data to credit bureaus, although some do. Affirm reports all of its loan data to ...