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277 points cebert | 1 comments | | HN request time: 0.267s | source
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firesteelrain ◴[] No.44361592[source]
Credit scores will tank further
replies(3): >>44361606 #>>44361746 #>>44361866 #
ZYbCRq22HbJ2y7 ◴[] No.44361746[source]
Why?

"The industry has long believed that consumers using BNPL responsibly should result in positive credit scores, as the majority of users are paying back in full and on time."

replies(2): >>44361843 #>>44362054 #
1. firesteelrain ◴[] No.44362054[source]
Because it’s shadow debt and it will show the person as overleveraged with a bunch of Affirm loans