Big Take Americans Are Spending Billions With ‘Buy Now, Pay Later’
May 7, 2024
Reporters Paulina Cachero and Paige Smith discuss the growing trend of 'Buy Now, Pay Later' services, the lack of transparency in reporting debt data, and the impact of BNPL on consumer finances. The podcast delves into the risks, complexities, and implications of using BNPL for essential needs, as well as the importance of regulation and financial literacy in navigating the industry.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Exploring Concerns and Risks of Buy Now Pay Later Services
02:18 • 5min
The Complexities of Buy Now Pay Later Data Sharing and Its Implications
07:08 • 4min
Trends and Risks of Buy Now Pay Later in Response to Inflation
10:38 • 5min
Reflections on Buy Now, Pay Later Industry and the Role of Regulation
15:10 • 2min