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The "Buy Now, Pay Later" Bubble (w/ Siddharth Venkataramakrishnan of FT)

GRIFTONOMICS

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Pay Later

Is this a new concept? I've heard of schemes like this, i think, in the past. What's made byno pelato stand out now is that it's interest, interest free payments,. It's short term usually, sort of three or four transactions through treeor four trunks before you buy er. Is what i've heard from people who fiund themselves in troubled by naparators. They don't re understand, or they dont understand that it is a serious commitment.

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