Resource Type: Reports

Protect Borrowers’ new investigation into the growing BNPL market as families are increasingly turning to BNPL loans to pay for necessities. Released alongside the report is polling on American voters’ experiences with BNPL products.

This joint report by The Century Foundation and Protect Borrowers reveals how President Trump’s affordability crisis is pushing millions of American families further into credit card debt. The report analyzes consumer credit panel data which shows that over 40 percent of U.S. adults (and roughly half of all active credit card holders) cannot afford to pay off their credit card bills each month, exposing them to sky-high interest rates.