Buy now, pay later and your credit scores
Buy now, pay later is a payment option where consumers can pay things in chunks throughout time, especially for larger purchases. However, many lenders are now thinking of sharing the data on the payments made on buy now, pay later loans to credit bureaus. Liz Padel, president of consumer lending at Transunion, joins us at FOX 7 Austin to talk about how consumers can improve their credit scores with buy now, pay later paying method.