4min chapter

Plain English cover image

Buy now, pay later: what could possibly go wrong? | Learn the English expression ‘egg someone on’

Plain English

CHAPTER

By Now Pay Later Is a Bad Idea for Consumers

By now pay later companies market themselves as a friendly, modern alternative to credit cards. But consumers that miss a payment will find that their loans are forwarded to collection agencies. One survey found that 73 % of generationss by now pay later. influencers get commissions or direct payments from brands, the followers get a brand new type of debt.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode