TransUnion to insert BNPL finance into UK consumer credit files
- TransUnion has announced it is ready to accept buy now, pay later finance into UK consumer credit files
- Following extensive research and product innovation, buy now, pay later finance also known as deferred payment credit
- Delighted to announce these important changes to the way buy now, pay later products are treated within the credit ecosystem
- Incorporating this data into credit reports will support consumers that are using this type of point-of-sale finance
- Consumer protection has been central to the changes and new search footprints are being introduced to enable consumers
- It has been able to identity the most appropriate way to incorporate the data into products
