Appearing in The New York Times on April 23, 2024, Jordyn Holman and Ben Casselman interview NCLC Senior Attorney Chi Chi Wu for coverage of “buy now, pay later” loans and how they aren’t typically reported on consumers’ credit reports.
“The credit reporting system is a system that assumes monthly payments, it assumes longer-term loans, and it just isn’t really cut out to handle ‘buy now, pay later.’ It’s a square-peg, round-hole kind of thing.”
Chi Chi Wu, senior attorney at the National Consumer Law Center
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