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Buy now, pay later

Business Daily

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Payday Lending

By now, bynow, pay later is a boom sector. One estimate in the us suggests there's been a sixfold increase in the number of users over the last years. It could become a 100 billion dollar market by the end of 20 21,. That's bringing other big players into the industry, understandably. And befuco from the consumer spending analytics firm cladify, says that in this unregulated world, we should watch out for many younger customers getting into financial trouble using this system.

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