According to the CFPB, nearly two-thirds of BNPL borrowers originated multiple simultaneous loans at some point in 2022, and ...

CFPB Publishes Research on Credit Sharing and "Piggybacking" On March 25, 2025, the CFPB published empirical research on credit sharing and a term called "piggybacking." The CFPB said that ...

According to the CFPB, nearly two-thirds of BNPL borrowers originated multiple simultaneous loans at some point in 2022, and 33% took out loans from multiple lenders. The multi-loan balancing act ...