Valuetainment
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“Broke Now, Pay Later” - Credit Scores CRUSHED as Americans Drown in Phantom Debt
Posted
May 19, 2024
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May 19, 2024
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0:45Now PlayingThose 'buy now, pay later' loans offer consumers the convenience of spreading out payments over time without interest charges. However, economists cautioned last year about the potential risks of accumulating 'phantom debt' from these loans, which could pose significant challenges for both individuals and the overall economy.
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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
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