Latest / Mortgage Research Network Podcast
Buy Now, Pay Later for Your Mortgage? Why Experts Are Concerned
Buy-now-pay-later loans are expanding beyond discretionary purchases and are now being used by some consumers to cover essentials such as rent, mortgage payments, utilities, and groceries. While BNPL can provide short-term breathing room, relying on borrowing to cover basic living expenses can be a warning sign of deeper financial strain. Tim Lucas and Craig Berry examine how BNPL works, why its use has expanded, the risks of depending on it for housing costs, and what borrowers can do if they are struggling to keep up with their monthly expenses.
Connect with Mortgage Research Network…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.