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Congressional Research Service Report: 'Rapidly Growing "Buy Now, Pay Later" Financing - Market Developments & Policy Issues'
October 27, 2021
WASHINGTON, Oct. 27 (TNSRep) -- The Congressional Research Service issued the following report (No. IN11784) on Oct. 26, 2021, entitled "Rapidly Growing "Buy Now, Pay Later" (BNPL) Financing: Market Developments and Policy Issues" by financial economics analysts Cheryl R. Cooper and Paul Tierno:

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"Buy now, pay later" (BNPL) is a form of point-of-sales financing. It allows a consumer to purchase and take possession of an item immediatel . . .

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