BNPL: Impact on CIBIL Score & Inactive Accounts?

[User_952feea9]

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User_952feea9
PARTICIPANT
January 21, 2025 at 6:04 am

“I am considering opening a Buy Now, Pay Later (BNPL) account with Simpl or LazyPay. I am concerned about how this might impact my CIBIL score, especially since I have not yet established one. I also don’t plan to use the BNPL service frequently. Are there any potential negative consequences of maintaining an inactive BNPL account for an extended period?”

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