People think buy-now-pay-later is helping them in one critical way. It’s not.

Consumers are making one crucial miscalculation when they use buy-now-pay-later services: They believe it will help them build their credit, but in fact it won’t, according to a New York Federal Reserve analysis.

People think buy-now-pay-later is helping them in one critical way. It’s not.
Consumers are making one crucial miscalculation when they use buy-now-pay-later services: They believe it will help them build their credit, but in fact it won’t, according to a New York Federal Reserve analysis.