Axios

@axios ↗

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Last Checked Oct. 7, 2022

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Sat Jul 16 13:26:09 +0000 2022

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Axios @axios

BNPL activity still doesn't affect consumer credit scores. But over the past six months, the top three U.S. credit bureaus — Equifax, TransUnion, and Experian — have all begun working with BNPL firms. https://t.co/zQ7aAzwx03 — PolitiTweet.org

Posted July 16, 2022 Hibernated

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Axios @axios

Now growth is slowing dramatically. In October and November of 2020, BNPL orders were growing at a 528% year-on-year pace. By January and February of this year, that number had fallen to 53%. https://t.co/7lCASoWZLg — PolitiTweet.org

Posted July 16, 2022 Hibernated

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Axios @axios

Despite those efforts, the industry still can't agree on a standard reporting structure for the most common form of short-term installment loan. As a result, many BNPL providers remain picky about what they are willing to share with the bureaus. https://t.co/zQ7aAzwx03 — PolitiTweet.org

Posted July 16, 2022 Hibernated