Buy Now, Pay Later, Consumer Preference and Collections Outlook
Read TrueAccord data about debt trends, repayment performance and consumer preferences to gain insight into the BNPL phenomenon and it’s long-term outlook.
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Consumer adoption of Buy Now, Pay Later (BNPL) products skyrocketed in the past year, indicating changing credit and payment preferences that are poised to outlive the pandemic. We used TrueAccord data about debt trends, repayment performance, and consumer preferences to gain insight into the BNPL phenomenon and it’s long-term outlook.