Retail News

Harvard researcher worries buy now, pay later is a bubble waiting to burst

CNBC 05/16/2022

Financially overextended consumers and a lack of governmental oversight have Marshall Lux, a fellow at the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School, worried that buy now, pay later programs are leading consumers, particularly younger ones, to take risks that blow up in their faces.

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