As Inflation Soars, More Shoppers Turn To “Buy Now, Pay Later”
July 16, 2022
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2:16Now PlayingAs Inflation Soars, More Shoppers Turn To “Buy Now, Pay Later”
YouTube Description
as posted by the channelAs prices continue to rise, more consumers are buying everyday essentials using payment plans known as “Buy Now, Pay Later.” Most of these payment plans allow shoppers to split purchases into four biweekly payments with no interest. Longer term plans have interest rates up to 30 percent, which rivals the highest credit card rates. Late payments can result in fees and damage credit scores. Now some consumer advocates are sounding the alarm. » Subscribe to NBC News
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#inflation #economy #digitalshopping
As Inflation Soars, More Shoppers Turn To “Buy Now, Pay Later”
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