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

Could your buy now, pay later loans affect your credit score? Here's what you need to know
nbcphiladelphia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcphiladelphia.com Daily Mail and Mail on Sunday newspapers.

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'Pay Later' Lenders Have an Issue With Credit Bureaus

'Pay Later' Lenders Have an Issue With Credit Bureaus
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Bankcard Balances Surpass $1 Trillion as Millennials Increasingly Turn to Cards

Bankcard Balances Surpass $1 Trillion as Millennials Increasingly Turn to Cards
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Fear of credit card debt adds fuel to Buy Now, Pay Later

Fear of credit card debt adds fuel to Buy Now, Pay Later
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Americans May Be Taking on Too Much Pay-Later 'Phantom Debt'

“Buy now, pay later” loans are helping to fuel a record-setting holiday shopping season. Economists worry they could also be masking and exacerbating cracks in Americans’ financial well-being. The loans, which allow consumers to pay for purchases in installments, often interest-free, have soared in popularity because of high prices and interest rates. Retailers have used them to attract customers and to get people to spend more. But such loans may be encouraging younger and lower-income American

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