Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.
Tag: Affirm Inc
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U.S. Consumers Are Showing Signs of Stress, Retailers Say
Consumer spending remains resilient, but retailers’ latest earnings offered a glimpse into worrying shifts in shopping habits.
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The Downsides of Using ‘Buy Now, Pay Later’
Shoppers can quickly get approved for the services, but regulators are concerned that the loans lack important protections.