The Latest Breaking News from BNPL

The change has some users of BNPL loans worried, but financial experts say the move could benefit borrowers

Feeling squeezed by rising costs, stagnant wages, and economic uncertainty? You’re not alone. Across the country, the middle class is facing mounting financial pressure, and it’s not just inflation or housing prices making life harder. Entire industries have built their business models around the struggles of everyday families, turning middle-class…

FICO believes the new model will responsibly expand access to credit, particularly for younger consumers or those with limited credit histories

Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans

Many consumers – especially gen Z and millennials – use buy-now-pay-later (BNPL) to split or defer payments. The types of purchases made with BNPL can range from groceries and takeaway deliveries to luxury items.

We’ve all seen the tempting “Buy Now, Pay Later” (BNPL) buttons at checkout. They promise instant gratification with no upfront cost, making it easier than ever to snag that new gadget or wardrobe upgrade. But while BNPL can seem like a harmless way to manage your cash flow, it can…

Advocates worry debt burden is worse with installment payments as credit card debt balloons to over $1tn in US

Under new rules, Buy Now, Pay Later services will be subject to the same regulations as credit cards in Australia.

If you’ve ever shopped online and seen the option to “buy now, pay later” with Affirm, you’re not alone. These flexible payment plans have exploded in popularity, making it easier than ever to split up big purchases. But recently, Affirm announced a major policy change that could have a real…

You’ve seen the promise: “Only $39.99/month!” “Buy now, pay later in 4 easy installments!” “No interest if paid in 6 months!” It sounds harmless. It...

Short-term lender Klarna says more customers are having trouble repaying their “buy now, pay later” loans