buy now pay later impact on credit score

How Do Buy Now, Pay Later Loans Affect Mortgage Eligibility? — Photo by Kampus Production on Pexels

35% Higher Interest Rates from BNPL Hit Loan Eligibility

35% Higher Interest Rates from BNPL Hit Loan Eligibility BNPL usage can push your mortgage interest rate up by more than 1%, eroding the budget you thought you had for a home. The hidden stack of split-payment obligations shows up on credit reports, and lenders treat it like any other