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This week, the holiday season officially kicks off with Black Friday sales! Your inbox is likely overflowing with deals for things you need, things you want, and let’s be honest—things you didn’t even know you wanted until the word “SALE” popped up. It’s exciting, right? But before we dive into our carts (online or otherwise),…
The Consumer Financial Protection Bureau (CFPB) has released a new study on consumer use of buy now, pay later (BNPL) user characteristics. Although BNPL has been around for a while, it has not received much attention until now. Buy now, pay later, gained popularity in 2019 and grew by 10 fold during 2019-2021. BNPL refers…