Affirm Plans to Share All Buy Now, Pay Later Data with Experian

March 19, 2025, 1:00 PM UTC

Affirm Holdings Inc. will provide data on its pay-over-time loans to credit-reporting company Experian Plc, as the financial technology firm aims to abate industrywide concerns over a lack of transparency from short-term loan products.

Experian will start receiving data — including buy now, pay later loans split into four payments and longer-term, monthly-installment loans — from Affirm starting April 1. Although the new loan reporting won’t initially be factored into consumers’ traditional credit scores, future scoring models could include the data, the two firms said in a statement Wednesday. The new data-sharing agreement will support lender decision-making via credit ...

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