To help you understand what is going on in the Buy Now, Pay Later (BNPL) lending sector and what we expect to happen in the future, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest…
The Buy Now, Pay Later lending industry is facing mounting headwinds. The tightening of financial conditions over the past two years has brought challenges for independent lenders offering the service. These companies have expanded rapidly in recent years, leaving them with low recurring revenue alongside sky-high costs for marketing and customer acquisition. While factors like high inflation make BNPL more attractive for cash-strapped shoppers, credit losses will likely rise for the lenders.
