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	Podcast:		Eurodollar University
	Episode:		“Buy Now Pay Later” Issues Stark Warning to the Economy
	Category:		Business
	Duration:		00:17:52
	Publish Date:		2024-05-29 11:00:00
	Description:		More data released today which shows the US economy has taken a turn for the worse. Consumers are running out of options and are turning in huge proportions to alternate means to stay afloat. One of those alternatives, however, is being closed off as the American banks are now actively cutting back risk while going on a buying binge for safety. Eurodollar University's Money & Macro Analysis nerdwallet 2024 State of Consumer Credit Report https://www.nerdwallet.com/article/credit-cards/2024-consumer-credit-report CNBC 25% of consumers recently used a buy now, pay later loan, report finds. What to know as they become popular https://www.cnbc.com/2024/05/28/buy-now-pay-later-loans-are-second-only-to-credit-cards-in-popularity.html FRBNY HOUSEHOLD DEBT AND CREDIT REPORT (Q1 2024) https://www.newyorkfed.org/microeconomics/hhdc https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU
	Total Play:		0

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