How the Newest Consumer Lending Craze Creates a Cycle of Dependency

Buy now, pain later — the essence of late-stage capitalism

Andy Spears
2 min readDec 20, 2022

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Photo by Miltiadis Fragkidis on Unsplash

It seems that every day I read a new story about the ever-expanding small dollar credit craze known as Buy Now, Pay Later (BNPL).

I’ve written about how one of the world’s largest retailers is getting in on the BNPL credit act.

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Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .