While BNPL platforms promise easy timely payments, they have substantial hidden risks for consumers, lenders and the overall ...

When you're ready to purchase a new coat from Neiman Marcus or a new iPhone from Apple, you have the option of financing the cost of your order over time with buy now, pay later. BNPL, also known ...

Rebecca is a freelance contributor to Newsweek’s personal finance team. A certified student loan counselor, she has written extensively on student loan debt and higher education. Rebecca has ...

Increasingly, shoppers are turning to 'buy now, pay later' loans to pay for everything from exercise bikes to bedding because the financial product allows customers to split up the cost of their ...

The biggest US buy now, pay later providers have long pushed back against sharing their data with credit-scoring firms, ...

Katherine Adkins, Chief Legal Officer, Affirm noted that consumer spending is the engine that drives the American economy.

By making payments appear less costly and facilitating budget control, BNPL installment payments feel less financially constraining. This reduction in financial constraints translates into greater ...