Young shoppers love buy now, pay later. Here's why that might be a problem
Buy now, pay later services allow shoppers to pay for a product over a series of installments rather than all at once. Some experts are concerned it could lead to a downward spiral of debt for some consumers.
👉 LISTEN TO THIS AUDIO AND ANSWER THE QUESTIONS BELOW.
1. Who's Joshua?
Credit: https://edition.cnn.com/videos/business/2022/06/27/buy-now-pay-later-zw-orig.cnn-business/video/playlists/business-news/
2. What did he say?
3. What does BNPL means?
4. Is it an old practice in the US market?
5. What word does the specialist use to say that something looks not harmful or not offensive?
6. What problems does BNPL brings to people?
7. How many BNPL services are consumers able to use?
8. Is it all bad? What does it teach people?
9. What's the specialist advice to people?
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