CFPB insights reveal increase in Buy Now, Pay Later loans, especially among consumers with lower credit scores.

More than 60% of BNPL users have simultaneous loans, borrowers hold higher balances on other credit lines, and most loans are ...

The Consumer Financial Protection Bureau's research found that the majority of buy now/pay later users are subprime borrowers ...

The CFPB cites differences between the repayment schedules for BNPL loans, which typically require the loan to be repaid in ...

Pay Later (BNPL) has emerged as a popular type of credit which may be less expensive than traditional credit cards. Today, it is very common for BNPL ...

Consumers who use BNPL take out multiple loans and have more personal debt than consumers who don’t use the payment method, ...

Today, the Consumer Financial Protection Bureau (CFPB) released a study of Buy Now, Pay Later (BNPL) borrowers, finding that more than one-fifth of consumers with a credit record used BNPL loans in ...

The consumer watchdog alleges the credit reporting giant conducted inadequate error reviews, potentially harming millions of ...

Content creator Jess Riley has shared her debt journey on TikTok and says BNPL, combined with micro-fashion trends, almost ...

Debt collection trade group ACA International and Specialized Collections Systems, a Houston-based debt collector, filed a ...

Today, the Consumer Financial Protection Bureau (CFPB) released a study of Buy Now, Pay Later (BNPL) borrowers, finding that more than one-fifth of consumers with a credit record used BNPL loans in ...

The CFPB claims that Experian routinely accepts ... then turned to racking up thousands of dollars in Buy Now Pay Later (BNPL) purchases with Zales Jewelers, Amazon, and Wayfair, among others.