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Buy now, pay later (BNPL) payment options are increasingly popular, particularly among young consumers. A recent survey from J.D. Power shows that 42% of millennials and Gen Z actively use BNPL loans ...
Americans are managing their Buy Now, Pay Later loans soon could be reflected in their credit scores. FICO plans to launch a suite of credit scores later this year that incorporate BNPL data, ...
A 100-point drop in a credit score can be "absolutely catastrophic." It can also take years to recover from, according to LendingTree chief credit analyst Matt Schulz. The Federal Reserve Bank of ...
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