Market Pulse: Buy Now, Pay Later Credit Score Impact Analysis - Webinar

Buy Now, Pay Later (BNPL) in the U.S. accounted for about $18 billion of eCommerce transactions in 2020 and is projected to grow from 1.6% of eCommerce transactions to 4.5% by 2024. As more consumers choose BNPL, many questions have surfaced. 

As previously announced, Equifax will soon be accepting BNPL trades, and a new industry code has been created for this purpose. In partnership with FICO®, we have completed a thorough analysis of the impact that incorporating these trades can have on credit scores based on a data sample of actual trades provided by a popular BNPL provider.

In the 2/10 Market Pulse webinar recording, we share the results of our analysis with FICO in addition to our usual economic update.  Amy Frasher, Equifax Fintech Product Manager, will moderate this webinar with featured guests Suna Hafizogullari, Senior Director of Data Science at FICO; Amy Crews Cutts, Economist and President at AC Cutts & Associates; Bob Hofmann, Senior Consultant for Core Credit Risk at Equifax; and Sarah Briscoe, Lead Commercial Statistical Analyst at Equifax.