invest1 publisher
Credit files omit most BNPL loans held by the 16% of consumers using them
Most buy now/pay later loans never reach the credit bureaus, even as the Federal Reserve counts 16% of consumers using them in 2025. Use runs heaviest among borrowers with the least savings, so the debt banks cannot see sits with the applicants least able to carry it.
Publishers:americanbanker.com
Reality
- Evidence55
- Adoption50
- Hype gap+15
- Incentives30
- Confidence55