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"Buy now, pay later" creating debt for consumers

Posted

October 10, 2022

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While "buy now, pay later" programs are positioned to ease financial burden on consumers, the services are creating additional debt for many. Michael Taino, senior director of Fitch Ratings, joins CBS News' Lilia Luciano and Meg Oliver to discuss how these programs can hurt your credit and why retailers offer them.

#news #debt #personalfinance

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Guests & Subjects Covered

Michael TainoFitch RatingsCBS News' Lilia LucianoMeg OliverCBS News Streaming NetworkParamount SubscribeCBS News YouTubeWatch CBS News Download

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"Buy now, pay later" creating debt for consumers · CBS News · Sentinel