2min chapter

RiskReversal Pod cover image

The Scent of Recession with Liz Young + What Are We Doing with Vincent Daniel and Porter Collins

RiskReversal Pod

CHAPTER

The Impact of 'Buy Now Pay Later' and Overspending During the Holidays

This chapter explores the increasing prevalence of 'buy now pay later' spending and its similarities to the old layaway system. It discusses the cycle of overspending during the holiday season and the potential consequences of higher delinquencies due to increased spending.

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