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What Next | Daily News and Analysis

The Trap of Buy Now, Pay Later

What Next | Daily News and Analysis

Slate Podcasts

News, Daily News, News Commentary

4.32.4K Ratings

🗓️ 27 November 2022

⏱️ 36 minutes

🧾️ Download transcript

Summary

The option to “buy now and pay later” over installments exploded over the past two years, thanks to people being flush with stimulus cash and shopping online during the pandemic. But is this new, underregulated industry a useful line of credit or another path into debt?


Guest: Paulina Cachero, personal finance reporter for Bloomberg.


Host: Lizzie O’Leary


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Transcript

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0:00.0

The site, sceneonev.com teaches so much about electric vehicles.

0:07.3

Did you know you can charge an EV at home or thousands of DC fast chargers nationwide,

0:13.1

and the chargers are in places you'd want them to be.

0:15.1

Grocery stores, malls, offices, right along the highway.

0:19.0

Electric vehicles are worth watching.

0:21.1

Head to sceneonev.com to learn more.

0:28.6

This episode is brought to you by Best Buy.

0:30.9

This year, let Best Buy be your holiday height partner.

0:33.8

Whether you're searching for exciting gifts, trying to snag the hottest holiday deals,

0:37.8

or looking for ways to simplify the giving and receiving experience, Best Buy is here

0:42.4

to help.

0:43.4

Best Buy has the best assortment of impactful tech gifts, along with fast and free fulfillment

0:48.9

options and great deals all season long.

0:52.4

Maybe you're looking for an air fryer to help the aspiring foodie in your life unlock

0:56.5

new recipes.

0:57.5

Or a new phone or camera for an aspiring filmmaker who's turning their passion into a side

1:02.5

gig.

1:03.5

Or you might be on the hunt for a new smartwatch to support a friend's wellness journey.

1:08.4

No matter what you're looking for, Best Buy is your gifting destination for everyone

1:12.5

on your list.

1:13.5

And Best Buy makes it easy to get your gifts how and when you need them with free next

1:18.6

day delivery on thousands of items, as well as same day delivery and in store pickup options.

...

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