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RE: How Buy Now, Pay Later (BNPL) model is gaining popularity in the world?

in LeoFinance2 years ago

I fear most about the potential limitations of BNPL. Consumers have a high tendency for impulse spending and this could amount to having more debts than necessary. Excessive spending could also make it hard to save money for a rainy day as there's a pile of debt to repay. Great post!