- cross-posted to:
- news
- cross-posted to:
- news
cross-posted from: https://lemmy.world/post/15144297
Consumers have embraced ‘Buy Now, Pay Later’ products that allow them to pay for purchases in installments, but it’s not clear how many of these loans are out there.
Paywall removed: https://archive.is/9SYHz
That is insane. It implies over $100 in debt to BNPL per capita.