eicker.news ᳇ tech newsNov 17
The rapid growth of #BuyNowPayLater (#BNPL) services is concerning, especially as borrowers increasingly use them for #essentialpurchases like #groceries. The lack of visibility into BNPL debt, due to #nonreporting to #creditbureaus, creates a “#phantomdebt” problem. Coupled with rising unemployment it could lead to a cascading effect of defaults. https://techcrunch.com/2025/11/16/bnpl-is-expanding-fast-and-that-should-worry-everyone/?eicker.news #tech #media #news
'Buy Now, Pay Later' is expanding fast, and that should worry everyone | TechCrunch

As Morris watches his BNPL investments from the other side of the table, he seems to understand the warning signs better than most.

TechCrunch
Yonhap Infomax NewsNov 17
US 'Buy Now, Pay Later' usage surges as households face economic strain, with experts warning of rising 'phantom debt' risks reminiscent of the 2008 subprime crisis.
#YonhapInfomax #BuyNowPayLater #PhantomDebt #CapitalOne #DelinquencyRates #AssetBackedSecurities #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=91186
US 'Buy Now, Pay Later' Boom Raises 'Phantom Debt' Warning Amid Economic Strain on Households

US 'Buy Now, Pay Later' usage surges as households face economic strain, with experts warning of rising 'phantom debt' risks reminiscent of the 2008 subprime crisis.

Yonhap Infomax