Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
Last December, PYMNTS Intelligence detailed in its “Credit Card Use Deep Dive” report that about 14% of the more than 3,500 consumers surveyed had subprime credit scores. Those consumers tend to be tied to a FICO score below 670, as defined by the major credit reporting bureaus. Generally speaking, the lower the FICO score, the […]
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