On January 13, the CFPB published a report analyzing consumers’ use of Buy Now, Pay Later (BNPL) loan products. This latest report builds on previous CFPB work related to BNPL lending by pairing ...
Citi is positioning City Pay, Installments and its suite of related products as one of several options at the point of sale. That's a reversal of sorts from BNPL fintechs that are diversifying by ...
But it also faces criticism about its creation of questionable debt for products of questionable value. The jury is still out on BNPL’s merits. How can we be sure we aren’t simply locking ...
Differences in default rates may be the result of how repayments are set up between the two different products. For example, most BNPL firms require customers to set up automatic repayments.
FICO released key guidance and takeaways from a study that has recently analyzed the impact of BNPL loans in a consumer’s ...
Tabby, a UAE-based buy now, pay later (BNPL) player, has reportedly hired banks to prepare for an eventual initial public ...
UK consumers are ignorant of the true costs of BNPL according to research from the Lending Standards Board. The LSB data underscores the need for more awareness of these products. And highlights ...
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