This paper explores the relationship between consumers’ use of buy now, pay later (BNPL) and their credit reports. We conduct this analysis to evaluate concerns that BNPL use could negatively affect consumers’ financial health.
Similar Posts
More Than 1 in 3 Americans Don’t Realize How They’re Affected by Bad Credit
A consumer poll by U.S. News & World Report found that 34 percent of Americans…
Older Americans Had a 40-Point Drop in Their Credit Score in the 10 Years Since the Great Recession
A decade after the housing market collapsed, some borrowers’ credit scores still have not recovered….
CFPB Prompts Americans to ‘Start Small, Save Up’
The Consumer Financial Protection Bureau (CFPB) announced a new “Start Small, Save Up” initiative this…
One Simple Way to Reduce Your Risk of Late Payments on Personal Loans
According to a study of more than 400,000 Sallie Mae clients, including borrowers’ credit scores…
Americans Find Satisfaction in All Aspects of Life, Except their Paychecks
This week marked the 80th birthday of Mick Jagger. A lot has changed since this…
Commentary: Revisiting Small Loans Rules Crucial to Maintaining Access to Credit for Vulnerable Consumers
In considering reforms to the small-dollar loan industry, lawmakers must tread carefully to avoid limiting…