Plain English cover image

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

Plain English

00:00

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.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app