You’ve probably seen the “Buy Now, Pay Later” options all over the place…Affirm, Afterpay, Klarna, you name it. It’s tempting to break up a purchase into smaller payments instead of paying the full amount upfront.

But here’s something you need to know:
​BNPL loans are now being reported to your credit report.

👉🏽In April, I shared on Threads that Affirm had already started reporting to Experian. The others are following suit.

This can be a good thing or a bad thing, depending on how you handle these loans.

Here’s what this change could mean:

✔️ Pay on time? It could help your credit score.
❌ Miss a payment? It could hurt your credit score.
💡 Too many BNPL loans open at once? That might make lenders nervous when they pull your report.

The companies reporting these loans want you to think it’s all positive. They say it’ll help people build credit. But the truth is, it’s only helpful if you manage the payments well.

I personally don’t use BNPLs…except once when my credit card offered its own version for a big purchase. I’m not a huge fan, but I get it. Sometimes, people just need a little breathing room.

I’m not against BNPL.
But I am for making sure you have the full picture before you click “4 easy payments.”

Instead of using BNPL to create breathing room in your budget, let’s build a plan that gives you that room without depending on these loans.

🗓️ Book a Smart Money Strategy Session and we’ll:

• Review what you owe and when
• Build a plan to pay things off in a way that works with your income
• Create a flexible budget that keeps you from falling back into the BNPL cycle

You don’t need to rely on loans to feel in control. You just need a plan that fits your life.

👉🏽Click here to book your session now​

Now I’m curious...

Your money decisions should always be made with full info, and that’s what I’m here for.

Eager to see you thrive,

Prisca

P.S. I help women like you create a customized plan for your money that allows you to enjoy life now while saving for your future. Schedule a free call to learn how my coaching can help you.

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