Stories Tagged as
Buy now pay later
Buy Now, Pay Later platforms will soon be more regulated
May 22, 2024
The Consumer Financial Protection Bureau announced new rules today requiring companies like Afterpay and Klarna to investigate when customers dispute a charge, and issue refunds for returned products. They'll also have to provide periodic billing statements.
Americans go into debt — this time for groceries
May 17, 2024
More than a quarter of Americans used a credit card to buy groceries last year and did not pay off the balance when it was due.
Buy now, pay later debt grows but is hidden from credit bureaus
May 13, 2024
Adobe Analytics projects that buy now, pay later loans could drive as much as $84 billion in spending in 2024. But the debt shoppers are racking up is basically hidden from credit bureaus, lenders and economists.
Buy now, pay later platforms now offer subscriptions
Jan 29, 2024
Subscription offers are everywhere these days. But can they work when paying later is the whole point?
When "buy now, pay later" becomes a way to pay for groceries
Nov 28, 2022
Many buy now, pay later services began as a way to help people make big-ticket purchases. Now, it's also a way to finance essentials.
"Buy now, pay later" can come with a cost, federal consumer watchdog says
Sep 19, 2022
The CFPB says delinquencies and late fees add up and recommends tighter regulation of loans in line with the credit card industry.
Why buy now, pay later might not be such a good idea
by
Amy Scott
and Andie Corban
Sep 12, 2022
These short-term credit companies are running into questions about their customers' ability to pay them back. Regulators are paying more attention.
For public good, not for profit.
"Digital-first mentality" will accelerate for shoppers and sellers, Visa CEO says
by
Kai Ryssdal
and Daisy Palacios
Dec 1, 2021
Despite the omicron variant, "the recovery we're in has an awful lot of momentum," says Visa chief Al Kelly.
Buy now, pay later services are flourishing
Nov 30, 2021
Millennials are opting for plans that allow them to spread payments without accruing debt or interest.
Mastercard gets in on the "buy now, pay later" trend
Sep 29, 2021
But don't credit cards already work this way? Not quite.