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News@lemmy.world · 9 months ago

Struggling consumers use buy now, pay later services for everyday necessities — even groceries

finance.yahoo.com

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Struggling consumers use buy now, pay later services for everyday necessities — even groceries

finance.yahoo.com

return2ozma@lemmy.world to

News@lemmy.world · 9 months ago

4

cross-posted to:
[email protected]

The Federal Reserve Bank of New York found that struggling consumers are using BNPL for everyday purchases, which could add to their debt.

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ahornsirup@sopuli.xyz
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9 months ago
I don’t disagree on a moral level, but I don’t think that “risk going to jail” is particularly good advice. If there’s any social programmes or charities, see if you qualify before resorting to desperate measures.

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