Equifax Adding BNPL Plans to Credit Reports

Equifax Adding BNPL Plans to Credit Reports

Equifax Adding BNPL Plans to Credit Reports This year, Equifax Inc. will start recording Buy Now, Pay Later (BNPL) installment plans on credit reports to give lenders a more complete picture of consumers’ financial commitments. In recent years, Buy Now, Pay Later...
OCC Outlines Climate Risk Standards for Big Banks

OCC Outlines Climate Risk Standards for Big Banks

OCC Outlines Climate Risk Standards for Big Banks Earlier this month, the Office of the Comptroller of the Currency (OCC) requested public feedback on draft supervisory principles designed to support the identification and assessment of climate-related financial risks...
CFPB Opens Inquiry Into BNPL

CFPB Opens Inquiry Into BNPL

CFPB Opens Inquiry Into BNPL The Consumer Financial Protection Bureau (CFPB) recently issued a series of orders to assess the risks and benefits of “buy now, pay later” (BNPL) credit to five major companies offering the service: Affirm, Afterpay, Klarna, PayPal, and...

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