Paul the Nerd on Nostr: I’ve said it before and I’ll say it again, #BNPL is not the problem, it is a ...

I’ve said it before and I’ll say it again, #BNPL is not the problem, it is a symptom of a much bigger problem and simply regulating it (while necessary) won’t come close to solving the bigger problem. The fact that people are using it on basic necessities is proof enough of a bigger problem #CostOfLiving #Poverty

Fears of spiralling debt as ‘buy now pay later’ credit quadruples in UK

https://www.theguardian.com/money/2024/apr/06/fears-of-spiralling-debt-as-buy-now-pay-later-credit-quadruples-in-uk