#consumer debt
3 stories

Buy Now, Pay Later: When convenience becomes a trap
Financial experts warn that BNPL services, once used for luxury purchases, are now enabling people to go into debt for basic necessities like food and rent.
ABC7 New York · 1m

Borrowing costs rise as Fed hikes rates again
The Federal Reserve's latest rate increase will make mortgages, auto loans, and credit cards more expensive for Americans.
The Conversation · 1m

Your groceries cost more because of BNPL
Nearly a third of Americans now finance groceries, and researchers say the merchant fees land in everyone's cart.
Fortune · 1m