1 link tagged with all of: economy + regulation + bnpl + debt + lending
Links
Nigel Morris expresses alarm over the rapid growth of buy now, pay later (BNPL) services, particularly their use for essential purchases like groceries. With rising default rates and a lack of visibility into borrowers' total debt, he warns this trend could lead to broader financial instability.
bnpl ✓
debt ✓
economy ✓
lending ✓
regulation ✓