JD Supra6d
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 ...
The Financial13dOpinion
Buy Now, Pay Later: Market Impact and Policy Considerations
"Buy now, pay later" (BNPL) programs have become a popular form of consumer payment. It is a type of short-term ...
CardRates7d
Klarna Partners with Stripe to Enhance its Reach, but the BNPL Industry’s Future Remains Uncertain
Payments innovator Klarna has announced a partnership with Stripe that enhances the company’s global reach. As a result of ...
The National Law Review11d
CFPB Publishes Supervisory Highlights Focused on Deposits, Small-Dollar Lending, BNPL, and Paycheck Advance Products
During the week of January 6, the CFPB released a “second” Winter 2024 Supervisory Highlights, focused on the agency’s most ...
Buy Now, Pay Later: The Debt Trap You Didn't See Coming
If you frequently rely on Buy Now Pay Later (BNPL) schemes to cover your needs—and even your wants—you may want to take note ...
Finextra16d
CFPB research reveals heavy BNPL usage among consumers with high credit sccores and multiple loans
The CFPB research also revealed that more than three-fifths of BNPL borrowers held multiple simultaneous BNPL loans at some point during the year, and one-third had loans from multiple providers.
Yahoo Finance17d
Heavy BNPL use among borrowers with high credit balances and multiple pay-in-four loans: CFPB
The Consumer Financial Protection Bureau (CFPB) has released data highlighting that more than one-fifth of buy now pay later (BNPL) borrowers with a credit record used BNPL loans in 2022 ...