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Episode 305: A look at the CFPB report on the use of 'Buy Now, Pay Later'
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This episode examines the CFPB report on Consumer Use of Buy Now, Pay Later and other unsecured debt. How is ‘Buy Now, Pay Later’ (BNPL) being used by consumers? What is the delinquency profile? How does usage differ by age groups? Are consumers with high credit card debt more likely to utilize BNPL? A link to the report is included below.
Link: Consumer Use of Buy Now, Pay Later and Other Unsecured Debt
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