New Report Finds 19% of Consumers Use BNPL to Bypass Hard Credit Checks
New Report Finds 19% of Consumers Use BNPL to Bypass Hard Credit Checks “Buy now, pay later” (BNPL) products break down payments into more affordable installments, giving consumers more control over the timing of their expenses. A recent PYMNTS Intelligence report...
Gen X Consumers Hold More Debt than Other Generations
Gen X Consumers Hold More Debt than Other Generations A recent research collaboration by PYMNTS Intelligence and Sezzle entitled “The Credit Accessibility Series: Economic Malaise Exacerbating U.S. Consumer Debt Levels” found that Generation X (ages 41-56) has more...
Sens. Brown, Warnock, and Fetterman Send Letter to CFPB on Holiday BNPL Spending
Sens. Brown, Warnock, and Fetterman Send Letter to CFPB on Holiday BNPL Spending This week, U.S. Senators Sherrod Brown (D-Ohio), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, joined by Sens. Raphael Warnock (D-Ga.) and John Fetterman...
