Appearing in The Hill on June 21, 2022, an op-ed by Chi Chi Wu, senior attorney at the National Consumer Law Center looks at the explosion in popularity of buy now, pay later products and how they are far inferior to credit cards in establishing a solid credit record.
“Younger consumers who are avoiding credit cards might think they are building a good credit score with BNPL repayments, but they probably are shortchanging themselves. “
Chi Chi Wu, senior attorney at the National Consumer Law Center
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