meta_pixel
Tapesearch Logo
Log in
Seattle Now

Buy Now Pay Later (even at Costco), what could go wrong?

Seattle Now

KUOW News and Information

Daily News, News

2.4613 Ratings

🗓️ 29 May 2025

⏱️ 16 minutes

🧾️ Download transcript

Summary

Herb Weisbaum aka“The ConsumerMan” gives us some insight into how Buy Now Pay Later works and how it can get consumers into trouble.

Transcript

Click on a timestamp to play from that location

0:00.0

On the latest episode of sound politics, the vast majority of Americans say that money in politics is a threat to democracy.

0:08.8

Seattle came up with a novel solution.

0:12.2

Give everyone money to donate to candidates.

0:14.6

Now, is that working?

0:15.9

We'll talk about it ahead of the August 5th primary when voters will decide if the democracy voucher program should stick around.

0:23.7

That's on the latest sound politics, wherever you get your podcasts.

0:32.4

Hey, good morning. It's Paige Browning. It's Thursday. This is Seattle now. Have your eyes on some new tech, but don't have the money today, or a new grill, some summery clothes. Well, people in the Seattle region are increasingly buying now, but paying later. Unlike the very popular layaway systems of the past, where you'd take the item home once you made all the payments.

0:56.4

Under pay later, you do just that.

0:59.6

And people, especially younger people, are doing it in droves.

1:03.5

We'll talk with the consumer man, curb Weissbaum of checkbook.org in a minute.

1:09.2

But first, let's get you caught up.

1:17.3

Protesters will rally outside the ICE processing center in Tacoma today to call for them

1:22.0

to release Llewellyn Dixon. She's a lab tech at the University of Washington, who was detained in February after returning from a visit to the Philippines.

1:30.3

Dixon is a permanent resident who's lived in the U.S. since she was 14.

1:35.3

Her attorney says she's detained due to an embezzlement conviction from 20 years ago that's been cleared up.

1:42.3

The rally at 130 is organized by her labor union, SEIU.

1:47.0

We're learning that political backlash against Elon Musk is likely driving down Tesla sales in

1:52.7

Washington State. The Seattle Times reports, new Tesla registrations in the first three months of

1:58.5

this year are 18% lower than the same time last year.

2:02.6

Not the same for EVs overall.

2:04.6

EVE registrations are actually up by nearly 30% this year in Washington State.

2:09.6

In a recent interview, Musk admitted that he's lost some sales from people on the left,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from KUOW News and Information, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of KUOW News and Information and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.