NACA in the News: The new partnership between Affirm and Experian means the impulse-buying economy will be running headlong into America’s data-mining ecosystem

“’These are short-term loans that can be risky if there are multiple loans taken out, and they can be risky separately if [consumers] fall behind and impact their credit that way,’ Christine Hines, senior policy director at the National Association of Consumer Advocates, told Fortune.

Currently, she added, there is no consistent standard for reporting users’ BNPL purchases, with some BNPL-using retailers reporting information and others not. ‘There’s a lot of inconsistency, and I don’t think that helps consumers who take out these loans,’ she said.”