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Buy Now Pay Later business model faces test as rates rise

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Consumers pay for their purchases in instalments over a period of weeks or months.

 

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Very dangerous.. future debt..of young people..

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Analysis-Buy Now Pay Later business model faces test as rates riseLONDON (Reuters) - Reduced consumer spending, rising interest rates and trickier credit conditions spell trouble for Buy Now Pay Later lenders, raising the prospect of consolidation in the sector.
Source: staronline - 🏆 4. / 75 Read more »

Analysis-Buy Now Pay Later business model faces test as rates riseLONDON (Reuters) - Reduced consumer spending, rising interest rates and trickier credit conditions spell trouble for Buy Now Pay Later lenders, raising the prospect of consolidation in the sector.
Source: staronline - 🏆 4. / 75 Read more »