Buy now pay later stocks slipped on Thursday after a report released by the Consumer Financial Protection Bureau indicated a plan to regulate several companies.
Buy now pay later, which allows users to purchase items and pay for them in the future, has come under pressure in recent months as consumers slow their spending and regulatory pressure mounts, with aData from the CFPB report suggests that BNPL loans in the U.S. soared 970% between 2019 and 2021, to 180 million transactions among the five major lenders, with the value of those loans jumping 1,092% to $24.2 billion.
But as the model skyrocketed in popularity during the pandemic, the CFPB also said that late fees are mounting. In 2021, 10.5% of users were subject to at least one late fee, up from 7.9% in 2020.Shares of Affirm, PayPal and Block have tumbled more than 48% this year amid the broader market sell-off, and sit at least 65% off their 52-week highs.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Understanding the Risks of Buy Now, Pay Later AppsBuy now, pay later apps have appeal for cash-strapped college students, but they can be a slippery slope to debt if they’re not used responsibly.
続きを読む »
'Buy now, pay later' services can actually lead to more debtCompanies that allow consumers to complete a purchase after the point of sale are often unregulated, leading users into deeper debt.
続きを読む »
More people are paying for groceries with buy now, pay later apps as inflation pinchesAlmost $46 billion in buy now, pay later transactions were made online in 2021, up from $15.3 billion the year before, according to GlobalData, a data analytics company.
続きを読む »
EXPLAINER: What to know about 'buy now, pay later'If you shop online for clothes or furniture, sneakers or concert tickets, you’ve seen the option at checkout to “buy now, pay later” by breaking the cost into smaller installments over time
続きを読む »
As 'buy now, pay later' plans grow, so do delinquenciesA growing number of American shoppers have jumped at the chance to use “buy now, pay later” loans to pay for new sneakers, electronics, or luxury goods in installments
続きを読む »
As 'buy now, pay later' plans grow, so do delinquenciesA growing number of American shoppers have jumped at the chance to use “buy now, pay later” loans to pay for new sneakers, electronics, or luxury goods in installments.
続きを読む »