
The unregulated boom in the 'buy now, pay later' market
On Point | Podcast
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Exploring Buy Now Pay Later Services and Their Impact
This chapter delves into personal experiences with Buy Now Pay Later services, discussing the risks and benefits of easy access to credit through these platforms. It highlights statistics on increased spending and the lack of credit reporting benefits for responsible payments, shedding light on the impact on credit scores. The conversation also touches on the exponential growth of Buy Now Pay Later Loans, underscoring the lack of regulation and potential impacts on consumers.
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