Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Political Discussion
Reply to "Trump 47 Economy"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote]Anonymous wrote: I just heard a study that 25% of US consumers were using buy now, pay later for groceries. Mind blowing that Trump is still popular with anyone. CBS A quarter of Americans now use BNPL loans to pay for groceries, up 14% from last year, according to a recent survey from LendingTree. The personal finance firm also found that more people are using such financing to pay for clothing, technology and housewares.[/quote] What's going to happen when they can't make the payments on this financing? Because that will happen. [/quote] What happened in 2008? This is the same thing, just with consumer debt. PayPal (or whatever) assumes the risk on BNPL, and then I'd assume that debt is traded like mortgages were. Perhaps only smaller lenders will go belly up this time, but I wouldn't count on it.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
