While BNPL platforms promise easy timely payments, they have substantial hidden risks for consumers, lenders and the overall ...

More than one-fifth of consumers used Buy Now, Pay Later (BNPL) loans in 2022, with many of these borrowers having low credit scores, according to . a study by the Consumer Financial Protection ...

“Regardless of whether a shopper swipes a credit card or uses Buy Now, Pay Later, they are entitled to important consumer protections under longstanding laws and regulations already on the books ...

FICO released key guidance and takeaways from a study that has recently analyzed the impact of BNPL loans in a consumer’s ...

Katherine Adkins, Chief Legal Officer, Affirm noted that consumer spending is the engine that drives the American economy.

The biggest US buy now, pay later providers have long pushed back against sharing their data with credit-scoring firms, ...

BNPL has its roots in the 19th century, originating from instalment plans that allowed consumers to purchase expensive items ...

Affirm Holdings (AFRM) saw impressive growth after exceeding Wall Street's fiscal second quarter revenue estimates and ...

Buy Now Pay Later providers are facing tougher new regulations in a bid to protect consumers from potentially harmful credit contracts. The Australian Securities & Investments Commission (ASIC ...

Consumers with subprime or deep subprime credit scores accounted for the majority of buy now, pay later originations from 2021 to 2022, a report by the Consumer Financial Protection Bureau finds.