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How Widespread — And Worrisome — Is The BNPL Phenomenon? - Data Intelligence
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How Widespread — And Worrisome — Is The BNPL Phenomenon? - Data Intelligence
A New York Times article on how Americans have embraced buy-now-pay-later loans caused a minor online stir this week, with the sentence highlighted below causing some alarm: “Food prices have skyrocketed,” said Mrs. Hodge, of Austell, Ga., who plans how much she’ll spend on each trip to the grocery store based on her cash flow and other expenses that month, including credit-card debt and student loans. Being able to spread out the payments for …
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