Buy now, pay later is not a cure for credit building ...Middle East

The Hill - News

Buy now, pay later (BNPL) products have exploded in popularity in recent years. Nearly 8.5 million consumers used BNPL in one month alone (December 2021) and the industry is expected to increase 10 to 15 times its current size by 2025. Buy now, pay later products allow consumers to buy retail items with short-term loans, usually repaid by a down payment and three more installments over a six-week period. Consumers, especially younger ones, have flocked to BNPL as a supposedly better alternative to credit cards. But is it really a better mousetrap? With regards to helping consumers build a credit history, the answer is no — at least right now. Buy now, pay later products are far in

Hence then, the article about buy now pay later is not a cure for credit building was published today ( Tuesday 21/06/2022 - 05:12 PM ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Buy now, pay later is not a cure for credit building )

Last updated : 21 June 2022 clock 05:12 PM

Also on site :

Buy now, pay later is not a cure for credit building ...Middle East

Bucks& 039; Doc Rivers Tries To Shut Down Giannis Trade Talk With Bold Statement

Steven Spielberg Achieves EGOT Status After Landing First Grammy Win

Ken Burns: ‘We have sanitized’ the American Revolution

Gesaffelstein Wins First Grammy, Silently Accepts Best Remixed Recording in Trademark Black Mask

Gaza’s Rafah crossing prepares for partial opening

ABC Gates Bowl hosts Strike Out for Autism Open Handicap Bowling Tournament on Sunday

4 Illinois spots named among America's most romantic restaurants ahead of Valentine's Day

The Cure Win First Two Grammy Awards Ever

Left-leaning gun groups say they’ve seen a surge of interest since fatal Minneapolis shootings

How will Pakistan deal with the unrest in Balochistan?

OWL Deadline: OWL Investors Have Opportunity to Lead Blue Owl Capital Inc. Securities Fraud Lawsuit

'Hell's Kitchen' Alum Has Emergency Surgery After Ruptured Ectopic Pregnancy

’70s Rockers Win First Grammy After 50 Years

Travis Kelce Retirement Decision: NFL Legend Sheds Light on It

Grammys Finally Award K-pop as ‘KPop Demon Hunters’ Hit “Golden” Scores First Win