Blog posts
October 11, 2024Credit Scores Hold Steady Amid Rising Consumer Debt Concerns
Credit scores remain stable even as consumer debt and delinquencies rise.
The Hidden Dangers of Buy Now, Pay Later Loans
Consumers are increasingly struggling with debt from buy now, pay later apps.
Holiday Spending Soars: $18.5 Billion on Buy Now, Pay Later Services
U.S. shoppers are set to spend a record $18.5 billion on BNPL this holiday season.
Unethical Discounts: The Dark Side of Buy Now Pay Later Schemes
Retailers are using enticing discounts to encourage risky BNPL spending.
Buy Now, Pay Later Surges as Americans Seek Alternatives to Credit Cards
Buy now, pay later services are offering Americans a new way to manage essential expenses, though risks remain.
Rising Credit Card Delinquencies Signal Economic Trouble Ahead
Rising credit card delinquencies may foreshadow broader economic woes.
Low-Income Consumers Lean on Installment Payments Amid Rising Debt
Bank of America sees a rise in installment payment reliance among indebted consumers.
BNPL Boom: A $84 Billion Blind Spot in Consumer Debt
BNPL debt is skyrocketing but remains hidden from key financial watchdogs.
Klarna Introduces Late Fees for All Customers
Klarna's new policy could affect young adults' financial health by increasing fees on missed payments.