Since 2019, buy now, pay later (BNPL) lending products have experienced rapid growth in transaction volume and garnered significant attention from consumers, researchers, and regulators. BNPL products that use an interest-free, 4-payments-in-6-weeks (4-in-6) structure have been examined closely because of concerns that their unique characteristics might pose risks to vulnerable consumers and other providers of consumer credit.
2024 Lyons Center for Economic Education and Entrepreneurship, University of Delaware | Newark, DE
Showcasing the work of Philadelphia Fed researchers, this interactive data visualization explores an approach to credit lending using machine learning and fairness goals that may help address current disparities in credit access.
Get the Philadelphia Fed’s latest information, resources, and research on the coronavirus pandemic's impact on businesses, households, and communities.
An index designed to track real business conditions at high observation frequency
In a four-part series of special reports, the Federal Reserve Bank of Philadelphia studies the financial and economic impacts of the federal student loan payments resumption.