Americans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t Track
www.bloomberg.com
Consumers have embraced ‘Buy Now, Pay Later’ products that allow them to pay for purchases in installments, but it’s not clear how many of these loans are out there.

Consumers have embraced ‘Buy Now, Pay Later’ products that allow them to pay for purchases in installments, but it’s not clear how many of these loans are out there.

Paywall removed: https://archive.is/9SYHz

  • EvacuateSoul@lemmy.world
    8·
    6 months ago

    Business cards are useful for this. I have enough revolving credit limits now that it doesn’t matter, but at one point I preferred to churn business cards, since a month’s worth of expenses could ding my credit.