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Stock impact report

Could your buy now, pay later loans affect your credit score? Here's what you need to know [MSNBC.com]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: MSNBC.com
watch nowVIDEO2:2002:20Payments trends for 2024: 'Buy now, pay later' boomTechCheckUp until now, installment payments have largelygone undetectedThat has made buy now, pay later debt especially hard to track, and raised concerns that consumers are getting in over their heads, some experts say — even more than withcredit cardsinterest ratesEarlier this year,ApplereportingAfterPayAffirmKlarna"Apple beginning to report to Experian is the tipping point," said Liz Pagel, senior vice president of consumer lending at TransUnion.Buy now, pay later, which typically splits a purchase into a few interest-free payments, is one of the fastest-growing categories in consumer finance, according to a report by Wells Fargo. (Walmart'sOnebig pushFrom January through April of this year, BNPL drove $25.9 billion in online spending, Adobe Analytics' latestshopping dataholiday season4:2904:29Rise of 'phantom debt': The risks of buy now, pay later programsSquawk BoxAnd yet, "BNPL does this in de facto stealt Show less Read more
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