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Buy now, pay later (BNPL) point-of-sale credit is such a productive lending model that giant financial brands are getting into the act, adding debt consolidation, home improvement and unsecured loans to the core business of instant consumer credit that BNPL is built on.
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“With MarcusPay, we’re adding more flexibility and simplicity to the JetBlue travel booking process,” said Andres Barry, president, JetBlue Travel Products. Barry noted that the initiative will allow customers to lock in a fixed-rate loan they can repay over time, “removing some of the hassle and added costs of planning a vacation.”
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