- Americans are infamously indebted.
- Consumer advocates emphasize how consumers’ ability to purchase products in incremental payments appears to make people buy more — and more than they can afford.
- BNPL services generally don’t charge interest like credit cards, but they do charge fees or other penalties when users miss a payment.
Will ‘buy now, pay later’ put a generation of young Americans in a debt trap? 16.08.2022
