Buy now, pay later (BNPL) loans have become more common over the past few years. This innovative financial product has the potential to disrupt the financial services industry by facilitating short-term credit access. Recent research suggests that BNPL use is common among young consumers and individuals with low credit scores, but it is present across all income and credit levels.  

Despite the growing popularity of these loans, a significant portion are not consistently reported to the credit bureaus. The lack of reporting has important implications for mortgage lending and homeownership. Join us as we discuss the evolving BNPL landscape and its future, as well as its implication for ensuring sustainable mortgage credit access.  

Opening Remarks

• Sara Rosen Wartell, President, Urban Institute
• Chris Wheat, President, JPMorganChase Institute 

Research Presentation

• Makada Henry-Nickie, Housing Finance Research Director, JPMoraganChase Institute

Panel Discussion

• Angelena Bradfield, Head of Policy, Financial Technology Association
• Sharon Cornelissen, Director of Housing, Consumer Federation of America
• Alanna McCargo, Nonresident Fellow, Urban Institute
• Michael Neal, Senior Fellow and Practice Area Lead, Housing Finance Policy Center, Urban Institute
• Chris Wheat, President, JPMorganChase Institute (moderator)