Promoting Consumer Financial Health with Buy Now Pay Later

Buy Now Pay Later (BNPL) has expanded convenient and affordable access to credit to many consumers, initiating extraordinary growth in point of sale financing. But how do BNPL providers support overall consumer financial health, and what more can be done to help BNPL users build a stronger financial profile? This brief explores how credit bureaus, like Equifax, are developing solutions to help the industry grow responsibly.