How Does Buy Now Pay Later Affect Credit Reports?

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Buy Now Pay Later (BNPL) has become a popular option for paying for purchases over time. With BNPL, lenders divide your purchase into multiple equal payments in a type of installment loan. The first payment is usually due at checkout, with the others made over a period of weeks or months. Over the past year, …

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The post How Does Buy Now Pay Later Affect Credit Reports? appeared first on ScoreSense.

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