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News@lemmy.world · 6 months ago

Americans Are Racking Up 'Phantom Debt' That Wall Street Can't Track

www.bloomberg.com

cross-posted to:
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98

Americans Are Racking Up 'Phantom Debt' That Wall Street Can't Track

www.bloomberg.com

return2ozma@lemmy.world to

News@lemmy.world · 6 months ago

cross-posted to:
collapse@lemmy.ml

Bloomberg - Are you a robot?

www.bloomberg.com

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

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7U5K3N@lemmy.dbzer0.com
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6 months ago
- 🇦🇺𝕄𝕦𝕟𝕥𝕖𝕕𝕔𝕣𝕠𝕔𝕕𝕚𝕝𝕖@lemm.ee
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  Removed by mod
  - 7U5K3N@lemmy.dbzer0.com
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    https://shop.affirm.com/gift-cards/dominos-standard-egift/
    
    Sort of yes sort of no.
  - return2ozma@lemmy.worldOP
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    https://www.nbcnews.com/business/personal-finance/buy-now-pay-later-daily-essentials-groceries-young-adults-rcna141718
  - SeaJ@lemm.ee
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    It is indeed bullshit.
- Lucidlethargy@sh.itjust.works
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  Rockefeller over here… I just finance government cheese on fire sale.

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