“Particularly Risky” – BIS Reveals “Buy Now, Pay Later” Use Is Soaring Among Working Poor Youngsters
A new report by the Bank for International Settlements (BIS) shows that buy now, pay later (BNPL) adoption among young adults, particularly those with low education, is soaring. This trend is becoming increasingly prevalent in countries experiencing high inflation and where households tend to have higher debt levels. BNPL allows consumers to spend money they […]
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