Buy Now, Pay Later, and the Rise of Debt

ConclusionThe buy now, pay later industry is new and will likely continue to evolve. Companies working in this space can certainly help their industry to be better understood during this evolution by being transparent and providing accessible data. However, that is not to say the government should step in to force this transparency. Considering the data available already shows there is little to be concerned about in terms of rising debt, using legislative or regulatory force to mandate disclosures from buy now, pay later companies does not seem justified.
Source: Cato-at-liberty - Category: American Health Authors: Source Type: blogs