Burrito now, pay later
Today, Explained
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Navigating Buy Now, Pay Later: Consumer Risks and Industry Gaps
This chapter explores the increasing impact of buy now, pay later (BNPL) services on consumer credit and financial stability, particularly among younger borrowers. It highlights the growing challenges associated with repayment defaults and the regulatory void in the BNPL sector, raising concerns about its implications for consumers and the economy.
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