The Big 'BNPL' Companies Are Evolving as They Grow. What Consumers Need to Know
Key Takeaways Buy now, pay later tools are known for letting people break up purchases into interest-free installments.The ...
JD Supra27d
CFPB reports on consumer use of BNPL loan products, calls for further research into BNPL’s impact on consumers’ financial health
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 ...
Business Daily Africa20d
Regulation is key to growth of buy-now-pay-later sector
In December 2024, the National Assembly passed legislation to regulate Buy Now, Pay Later (BNPL) products under the Business Laws (Amendment) Act, 2024. This new framework is a progressive ...
Forbes1y
Buy-Now-Pay-Later: A Force For Good Or A Step Toward A Never-Ending Debt Spiral?
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 ...
Crowdfund Insider9d
BNPL Adoption: FICO and Affirm Release Analysis of Buy Now Pay Later Loans
FICO released key guidance and takeaways from a study that has recently analyzed the impact of BNPL loans in a consumer’s ...
Yahoo Finance1mon
Consumers lack awareness of the costs of BNPL: Lending Standards Board
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 ...