2023-10-13 11:00:00

Buy Now, Pay Later Is Still a Credit-Score Blind Spot

Logo The Wall Street Journal
The Wall Street Journal
By Anna Maria Andriotis

Popular payment plans are largely going unreported because of concerns they could ding credit scores

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Logo U.S. News & World Report
PoliticsBy Associated Press2024-09-15 04:01:08
By CORA LEWIS, Associated Press NEW YORK (AP) Since the start of the pandemic, the option to buy now, pay later has skyrocketed in popularity, especially...

Logo CBS News
MarketsBy Megan Cerullo2024-09-16 21:08:18
Millions of Americans have embraced the practice of buying small-ticket items and paying for them in installments, an increasingly popular model among...

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PoliticsBy Associated Press2024-09-15 04:01:07
By KEN SWEET, AP Business Writer NEW YORK (AP) Americans have grown fond of buy now, pay later services, but the pay later part is becoming increasingly...

Logo MarketWatch
MarketsBy Erin El Issa2023-10-12 09:01:00
This article is reprinted by permission from NerdWallet. Financial misinformation is rampant, and it could be hurting your credit score. A new NerdWallet...

Logo CBS News
Markets2024-09-15 20:40:07
Since the start of the pandemic, the option to buy now, pay later has skyrocketed in popularity, especially among young and low-income consumers who may not...

Logo The Motley Fool
Markets2024-09-15 15:26:00
On Thursday, the Consumer Financial Protection Bureau (CFPB) released its hotly anticipated report on the buy now, pay later (BNPL) industry. It has been in...

Logo Nasdaq
Business / FinanceBy The Motley Fool2024-09-15 15:26:00
On Thursday, the Consumer Financial Protection Bureau (CFPB) released its hotly anticipated report on the buy now, pay later (BNPL) industry. It has been in...

Logo American Banker
Business / FinanceBy John Adams2023-09-29 13:30:00
Deutsche Bank wants to get in on the trend of banks trying to grab buy now/pay later market share from fintechs, and part of its planning is ensuring bad...

Logo CNBC
Business / FinanceBy Jessica Dickler2024-09-15 14:57:32
Key Points The Consumer Financial Protection Bureau detailed the findings of an inquiry into popular buy now, pay later programs Affirm, Afterpay, Klarna,...

Logo CNBC
PoliticsBy Chelsey Cox2024-09-15 13:10:42
Key Points CFPB Director Rohit Chopra says Buy Now, Pay Later must be monitored like regular credit card companies. The consumer watchdog, which doesn't...

Logo CNBC
Business / FinanceBy Jessica Dickler2023-10-05 16:23:12
Key Points One of the biggest credit card misconceptions is that carrying a balance from month to month will give your credit score a boost. In fact, any...

Logo Nasdaq
Business / FinanceBy The Motley Fool2024-09-15 10:00:16
Image source: Getty Images Learning about credit scores can often feel overwhelming. There are all kinds of different types of credit scores, and they all...

Logo The Motley Fool
Markets2024-09-17 13:00:00
In the podcast, Motley Fool Senior Analyst Bill Mann discusses: The Consumer Financial Protection Bureau announcing plans to oversee buy now, pay later...

Logo American Banker
Business / FinanceBy John Adams2023-09-30 16:45:30
SVB Financial, the parent company of Silicon Valley Bank, has led a $125 million credit facility to a technology company that provides short-term financing...

Logo PR Newswire
TechnologyPress Release2023-10-04 13:30:00
SCOTTSDALE, Ariz., Oct. 4, 2022 /PRNewswire/ -- equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL)...

Logo U.S. News & World Report
PoliticsBy Associated Press2023-10-11 15:15:47
By ADRIANA MORGA, Associated Press NEW YORK (AP) You know credit scores exist. You might even know what yours is. But do you know how it's calculated and why...

Logo PR Newswire
TechnologyPress Release2024-09-15 14:02:00
BNPL services coming to travel companies through Uplift via the Amadeus Xchange Payment Platform SUNNYVALE, Calif., Sept. 15, 2022 /PRNewswire/ -- Uplift,...

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PoliticsBy Associated Press2023-10-11 15:20:52
By ADRIANA MORGA, Associated Press NEW YORK (AP) Credit scores are complicated and because rating agencies consider many factors, the process of improving...

Logo Benzinga
Business / FinanceBy Pr Newswire2024-09-15 14:02:00
BNPL services coming to travel companies through Uplift via the Amadeus Xchange Payment Platform SUNNYVALE, Calif., Sept. 15, 2022 /PRNewswire/ -- Uplift,...

Logo American Banker
Business / FinanceBy Kate Fitzgerald2024-09-15 10:00:00
After spending months examining the business practices of buy now/pay later fintechs, the Consumer Financial Protection Bureau has produced an 82-page report...