What's Behind the Boom in Buy Now Pay Later
Odd Lots
00:00
Navigating the Buy Now, Pay Later Landscape
This chapter explores the rise of Buy Now, Pay Later (BNPL) services as an alternative to traditional consumer credit products, particularly in light of diminishing social support systems. It examines the regulatory landscape, demographic shifts, and the appeal of BNPL to both consumers and retailers, highlighting its impact on family finances. The discussion also addresses the complexities of understanding the true costs associated with BNPL compared to traditional credit options.
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