Americans Are Racking Up 'Phantom Debt' That Wall Street Can't Track

www.bloomberg.com

cross-posted to:
news@lemmy.world

Americans Are Racking Up 'Phantom Debt' That Wall Street Can't Track

www.bloomberg.com

return2ozma@lemmy.world to

Collapse@lemmy.mlEnglish · 6 months ago

cross-posted to:
news@lemmy.world

Bloomberg - Are you a robot?

www.bloomberg.com

cross-posted from: https://lemmy.world/post/15144297

Consumers have embraced ‘Buy Now, Pay Later’ products that allow them to pay for purchases in installments, but it’s not clear how many of these loans are out there.

Paywall removed: https://archive.is/9SYHz

You must log in or register to comment.

Chat

Collapse@lemmy.ml

collapse@lemmy.ml

Create a post

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !collapse@lemmy.ml

This is the place for discussing the potential collapse of modern civilization and the environment.

Collapse, in this context, refers to the significant loss of an established level or complexity towards a much simpler state. It can occur differently within many areas, orderly or chaotically, and be willing or unwilling. It does not necessarily imply human extinction or a singular, global event. Although, the longer the duration, the more it resembles a ‘decline’ instead of collapse.

RULES

1 - Remember the human

2 - Link posts should come from a reputable source

3 - All opinions are allowed but discussion must be in good faith.

4 - No low effort posts.

Related lemmys:

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

9 users / day
9 users / week
9 users / month
9 users / 6 months
0 local subscribers
3.21K subscribers
148 Posts
0 Comments
Modlog