Increasing Late Fees, More Defaults as Buy Now, Pay Later Expands Reach

Convenient product carries risks for consumers

Andy Spears

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Photo by Franki Chamaki on Unsplash

Buy Now, Pay Later — once the convenient way to “pay in four” for beauty and apparel — has expanded its reach into nearly every sector. This includes groceries.

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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 . . .