Consumer News Proposed Rule Will Give Buy Now, Pay Later Customers Greater Protection
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Holiday ‘Buy Now, Pay Later’ Spend Set To Touch New Record
This Holiday season, popular "Buy Now, Pay Later" services have accounted for a significant slice of consumer checkouts, even as rising regulatory scrutiny and debt concerns loom over the sector. Read More
NC opens inquiry into six leading ‘buy now, pay later' lenders
On a record-setting Cyber Monday, North Carolina opened a multi-state effort to better understand the practices behind a popular payment option that allows millions of Americans to spread out the cost ... Read More
Consumer Reports: Buy now, pay later holiday warning
LAS VEGAS, Nev. (CONSUMER REPORTS) - As the holiday shopping rush ramps up, many people are turning to “Buy Now, Pay Later” to help cover gifts, especially if money is tight. But Consumer Reports says ... Read More
Missed 'Buy Now, Pay Later' payments can impact your credit after the holidays
As the holiday shopping rush ramps up, many people are turning to “Buy Now, Pay Later” to help cover gifts, especially if money is tight. But Consumer Reports says these plans, while convenient, can ... Read More
AG Keith Ellison probes 'Buy Now, Pay Later' lenders
MINNEAPOLIS — The Mall of America marked its busiest Black Friday ever this year, drawing 235,000 visitors on Friday alone, mall officials said Monday. Between Wednesday and Sunday, more than 500,000 ... Read More
Personal finance expert reacts to Buy Now Pay Later investigation
(WJAR) — Consumers are projected to spend a record-breaking $20 billion using Buy Now Pay Later (BNPL) this holiday season. That's an 11% increase from just last year, which is drawing scrutiny from ... Read More
Buy Now, Pay Later: A consumer's cautionary experience
RAMPS UP, MANY PEOPLE ARE TURNING TO BUY NOW, PAY LATER TO HELP COVER GIFTS, ESPECIALLY IF MONEY IS TIGHT. BUT CONSUMER REPORTS SAYS THESE PLANS, WHILE CONVENIENT, CAN QUICKLY SNOWBALL INTO DEBT. AND ... Read More
Buy Now, Pay Later Companies Asked to Share Lending Practices
Attorneys general from seven states are launching an inquiry into buy now, pay later lenders including Affirm, Klarna and PayPal. The attorneys general sent a letter Monday to the six largest buy now, ... Read More
Buy Now, Pay Later Firms Pressed by States for Loan Details
The offices of seven state Democratic attorneys general asked providers of Buy Now, Pay Later services for details about the cost and structures of their installment loans, as well as consumers’ ... Read More
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