Tag Archives: Buy Now Pay Later

CFPB Calls for Standard Credit Reporting on BNPL Debts

CFPB Logo

The Buy Now, Pay Later (BNPL) space is a new form of credit, and like anything new, it is going through growth stages and reaching new milestones everyday. The Consumer Financial Protection Bureau yesterday published a blog post pointing out the need for standardization in how BNPL debts are reported …

Read More »

Apple Unveils BNPL Service

Apple is hosting its Worldwide Developers Conference (WWDC) this week and for fanboys like me, the event is an opportunity to see new hardware and software that the tech giant is planning to release. But this year, Apple announced during its keynote address on Monday, that it is expanding its …

Read More »

Consumers Worry About Money 6 Times a Day: Survey

The average consumer worries about money six times a day and more than half have overextended themselves are in a “difficult” financial position, according to the results of a survey conducted and released by Affirm, a Buy Now, Pay Later provider. On the bright side, though, younger consumers feel as …

Read More »

CFPB Opens Inquiry into Buy Now Pay Later Offerings

The Consumer Financial Protection Bureau announced yesterday that it is shining its regulatory spotlight on a growing form of credit in the financial services industry — Buy Now Pay Later (BNPL) companies — and sent inquiries to five of the major providers asking for information “to illuminate the range of …

Read More »
X