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…

💸👻 This week’s comic dives into the spooky world of phantom debt — where Buy Now Pay Later turns into Owe Forever Regret Always. 🫠 Turns out letting private companies bankroll your shopping sprees might not be the smartest move.

#BNPL #PhantomDebt #FinancialHorrorStory #BullshitNews #ComicStrip