The report highlights an increase in the use of BNPL loans, stating that more than one-fifth of consumers with a credit record financed at least one purchase with a BNPL loan in 2022, with over 60 ...

The CFPB intends to revoke its Buy Now, Pay Later interpretive rule, according to a status report and joint motion to stay filed by the Bureau and the Financial Technology Association (FTA) in a ...

Affirm Holdings Inc AFRM, a key player in the Buy Now, Pay Later (BNPL) space, is focusing on vertical integration to boost its profitability in a competitive and capital-heavy industry.

The BNPL market is expected to reach $3.98 trillion by 2030, according to Allied Research, here-in lies the issue, because many consumers don’t fully understand this new form of debt financing ...

The Consumer Financial Protection Bureau has found that the majority of buy now/pay later loans were made to subprime borrowers that have high credit card balances and multiple loans. The CFPB's ...

CFPB won't enforce rule classifying BNPL as credit cards By Joey Pizzolato May 06, 2025, 6:07 p.m. EDT 3 Min Read Samuel Corum/Bloomberg ...

In theory, positive BNPL activity could help consumers build their credit and expand their credit access. This can be especially true for people who are newer to the credit world and may not yet ...

And it gets even more complex if consumers are juggling several BNPL loans at once. According to a CFPB report from early 2025, around 63% of BNPL borrowers had more than one loan during the year.

FICO introduces new credit scores incorporating buy now, pay later data to help lenders make informed decisions as BNPL services surge in popularity amid economic pressures.

What BNPL means for your credit report Affirm said, "Consumers will see details about all Affirm transactions on their TransUnion credit files, though these transactions will not be factored into ...

Americans are leaning harder than ever on buy now, pay later (BNPL) loans just to survive, and a lot of them can’t even make the payments on time anymore. LendingTree dropped new numbers on ...