Buy now, pay later (BNPL) usage has exploded in recent years. The ease of use and economic headwinds are likely contributors to the growth. Since the introduction of BNPL services, there has been relatively minimal impact on credit scores. However, that’s changing, as FICO will begin to factor in BNPL usage, according to The Wall Street Journal. Check Out: The One Loan That’s Almost Guaranteed To Deliver Financial Disaster Learn More: 3 Reasons Retired Boomers Shouldn't Give Their Kids a Living Inheritance ...

Auto loan delinquencies and repossessions are climbing fast, according to the Consumer Federation of America, fueled by inflated car prices, long loan terms, higher rates and weakened regulatory oversight. Be Aware: I’m a Car Expert: 3 Luxury Cars That Cost More To Fix Than They’re Worth Read Next: 7 Ways To Tell If You're Rich or Middle Class -- It's More Than Your Paycheck Missed payments don’t just threaten your vehicle — they can damage your credit, pile on fees and make future borrowing more expensiv ...