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Buy now pay later schemes are creating 'phantom debt' says Wells Fargo economist fortune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fortune.com Daily Mail and Mail on Sunday newspapers.
NY Federal Reserve Explains Why Consumers Use Buy Now Pay Later (BNPL) crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
Consumers with lower credit scores are more inclined to use a buy now, pay later option at online retailers, causing them to accrue long-term debt. ....