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BNPL spending projected to hit $18.5 billion in Q4 2023 71% of BNPL users also had credit card debt in 2023 Most BNPL users make on-time payments, but credit scores often subprime Oct 10 (Reuters) - ...
As the “buy now, pay later” trend becomes more popular, it is having a greater impact on traditional lending and credit scores. If you are not familiar, buy now, pay later (BNPL) is a type of ...
Some Amazon customers could get cash from the retail giant as part of its $2.5 billion settlement with the Federal Trade Commission. On Sept. 25, the FTC announced it secured the "historic" order to ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. As a consumer lending expert, I have a front-row seat for how Americans use credit. I can ...
Amazon will pay a $1 billion civil penalty—the largest ever in an FTC rule-violation case—and provide $1.5 billion in refunds to customers. Reading time 2 minutes Despite Jeff Bezos’s attempts to stay ...
Amazon agreed to pay $2.5 billion to settle a Federal Trade Commission case over whether it duped customers into signing up for Prime and made it difficult for customers to cancel their membership. As ...
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