4min chapter

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Why “Buy Now Pay Later” is Worse Than Credit Cards

Valuetainment

CHAPTER

The Rise of Credit Card Debt and the Encouragement of Spending

Discussion on the increase in credit card limits, opening of new credit card accounts, and the concerning levels of debt in America. Emphasis on personal choice, negative effects of debt, and the significant role of consumer spending in the economy. Prediction of the 'Buy Now Pay Later' market to reach $4 trillion by 2030.

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