FICO Unveils Groundbreaking Credit Scores That Incorporate Buy Now, Pay Later Data | FICO
FICO® Score 10 BNPL and FICO® Score 10 T BNPL incorporate BNPL data to better reflect modern consumer behavior and drive financial inclusion BOZEMAN, Mont. --(BUSINESS WIRE)--Jun. 23, 2025-- FICO (NYSE: FICO), global analytics software leader, today announced the launch of FICO ® Score 10 BNPL and
Apple kills off its buy now, pay later service barely a year after launch
Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the U.S., and will rely on companies who already dominate the industry like Affirm and Klarna.
More Americans are expected to 'buy now, pay later' for the holidays. Analysts see a growing risk
Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells.
Who Uses "Buy Now, Pay Later?" - Liberty Street Economics
“Buy now, pay later” (BNPL) has become an increasingly popular form of payment among Americans in recent years. While BNPL provides shoppers with the flexibility to pay for goods and services over time, usually with zero interest, the Consumer Financial Protection Bureau (CFPB) has identified several areas of potential consumer harm associated with its growing use, including inconsistent consumer protections, and the risk of excessive debt accumulation and over-extension. BNPL proponents have argued that the service enables improved credit access and greater financial inclusion, with approval being quick and relatively easy. More research is needed to assess the overall risks and benefits of BNPL for consumers. As a first step, we draw on new survey data to examine the background and circumstances of consumers who receive and take up BNPL offers. We find both the availability and use of BNPL to be fairly widespread but see disproportionate take-up among consumers with unmet credit needs, limited credit access, and greater financial fragility. While BNPL expands financial inclusion, especially to those with low credit scores, there is a risk that these payment plans contribute to excessive debt accumulation and over-extension.
Why buy now, pay later options aren't necessarily better than credit cards
With credit card debt reaching an all-time high, some may be in search of alternative payment methods such as buy now, pay later options. Here's what to know.
Apple just launched its own buy now, pay later service—here’s how it compares with Affirm, Afterpay, Klarna and PayPal
Apple is entering the buy now, pay later industry with its Apple Pay Later installment payment option. Here's how it compares with four popular BNPL services.
The problems with using buy now, pay later to fund travel
These services essentially provide customers an alternative way to pay for purchases over time without going into credit card debt or taking out a traditional personal loan.
4 Things to know about Buy Now, Pay Later loans – consumerfinance.gov
Buy Now, Pay Later (or BNPL) loans have seen an astronomical growth in popularity - you’ve probably seen them while shopping online. While they may seem like...
What is a Buy Now, Pay Later (BNPL) loan? | Consumer Financial Protection Bureau
BNPL loans are consumer installment loans that allow you to purchase items right away with little or no initial payment and pay off the balance in installments over time.
Americans are increasingly turning to pay-later services for groceries and other everyday essentials. And there are signs that the practice is putting some in deep debt.
Buy Now, Pay Later and Credit Reporting | Consumer Financial Protection Bureau
Consumers’ Buy-Now-Pay-Later repayment data is starting to be furnished to the nationwide credit reporting companies. A standardized approach would promote consistency and accuracy.