Because mortgages take different forms, you will need to do your research to determine which type of mortgage suits your home ...

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

with one-third borrowing from different providers. BNPL borrowers were also more likely to have higher balances on other types of credit like credit cards. BNPL is a payment option that lets ...

Globally, BNPL has reshaped consumer finance, particularly among millennials and Gen Z who are wary of traditional banking. The industry was valued at $231.51 billion in 2024 and is projected to reach ...

Buy Now, Pay Later (BNPL) usage hit an all-time high over the holidays, according to Adobe’s 2023 holiday shopping trend report. That is, a whopping $16.6 billion of a total $222 billion was ...

The jury is still out on BNPL’s merits. How can we be sure we aren’t simply locking people into a cycle of debt by a different name? Does BNPL actually help people in need or is it just a no ...

On January 13, the CFPB published a report analyzing consumers’ use of Buy Now, Pay Later (BNPL) loan products. This latest report builds on ...

One challenge is the sheer proliferation of BNPL providers, and the risk that consumers may overextend themselves by taking on too many BNPL loans from different providers ... "It offers a BNPL type ...

The Consumer Financial Protection Bureau (CFPB) has released data highlighting that more than one-fifth of buy now pay later (BNPL) borrowers with a credit record used BNPL loans in 2022 ...

The use of buy now, pay later financing options increased significantly this year, even before factoring in a late yearend surge in BNPL use. Between Jan. 1 and Nov. 20, buy now, pay later ...

Borrowers with subprime or deep subprime credit scores make up the majority of Buy Now, Pay Later (BNPL) originations, the CFPB said, in a new report. From 2021 to 2022, borrowers with deep ...