‘Buy Now, Pay Later’ is expanding fast, and that should worry everyone
Americans collectively owe $1.3 trillion in credit card debt.
People who can't get more credit cards are now relying on BNPL, even for stuff like groceries and small household purchases.
Auto makers are now offering car loans of 84 or even 96 months. That's 8 years to pay off a car. And people are eating it up, with the average new car going at >... See more
People who can't get more credit cards are now relying on BNPL, even for stuff like groceries and small household purchases.
Auto makers are now offering car loans of 84 or even 96 months. That's 8 years to pay off a car. And people are eating it up, with the average new car going at >... See more
Logical_Welder3467 • ‘Buy Now, Pay Later’ is expanding fast, and that should worry everyone
all communicates, beyond economic insecurity, an inability to see into the future or imagine the possible future repercussions. It is reminiscent of the “reasonablists” in parks and recreation