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Congressional Research Service Issues In Focus White Paper on Rapidly Growing "Buy Now, Pay Later" Financing - Market Developments & Policy Issues
August 09, 2024
WASHINGTON, Aug. 9 -- The Congressional Research Service issued the following In Focus white paper (No. IF12734) on Aug. 8, 2024, by financial economics analysts Karl E. Schneider and Paul Tierno.

Here are excerpts:

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Rapidly Growing "Buy Now, Pay Later" (BNPL) Financing: Market Developments and Policy Issues

"Buy now, pay later" (BNPL) is a form of point-of-sales financing. With BNPL financing, a consumer can purchase a . . .

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