Don't Touch THIS!! Buy Now, Pay Later: Why You Should AVOID!
🚨 New Video Alert!! 🚨
Buy Now, Pay Later. It’s something you’ve probably seen on various checkout pages, and there’s a good chance you’ve used it yourself at some point.
The idea is simple. You pay a small percentage of the cost upfront, and the remainder is split across a few small payments. A lot of people use this to break a purchase down into bite size chunks, allowing them to balance their finances out in a more affordable way.
The thing is though, there’s a lot more to Buy Now Pay Later (or “BNPL”, as it’s often called) than meets the eye. Under the layer of convenience lies a real threat to the borrower, the retailer, and the wider economy. Heck, it could even become the black swan event that takes the markets by surprise.
So, come with us as we dive into the BNPL craze - the good, the bad, and the downright ugly. And, as a bonus, we’ll even provide you with a few steps to avoid the need to use them in the first place.
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📺 Essential Videos 📺
Financial System is Rigged 👉 https://www.coinbureau.com/videos/the-financial-system-is-rigged-you-need-to-know-the-truth/
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⛓️ 🔗 Useful Links 🔗 ⛓️
► What is Buy Now, Pay Later: https://www.forbes.com/advisor/credit-cards/buy-now-pay-later/
► BNPL Phantom Debt: https://fortune.com/2024/05/08/phantom-debt-buy-now-pay-later-consumer-finances-struggling/
► FCA to Regulate BNPL: https://www.gov.uk/government/news/buy-now-pay-later-products-to-be-regulated
► Google Sheets Templates: https://www.google.co.uk/sheets/about/
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
