Total US credit card debt having just hit a record $1.1 trillion, up $363B since 2021. That's $7.3B a month. Buy Now, Pay Later schemes, projected at $117B this year, aren’t even counted.

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml · 8 days ago

Total US credit card debt having just hit a record $1.1 trillion, up $363B since 2021. That's $7.3B a month. Buy Now, Pay Later schemes, projected at $117B this year, aren’t even counted.

OldSoulHippie [he/him]@hexbear.net · 7 days ago

This.

I would never be able to afford music gear if it wasn’t for buy now, pay later. Paypal (I know, I know) has a pay in four option that is free. It’s improved my hobbies using this. I’m sure it’s still easy to get in trouble though if you overextend yourself.

Total US credit card debt having just hit a record $1.1 trillion, up $363B since 2021. That's $7.3B a month. Buy Now, Pay Later schemes, projected at $117B this year, aren’t even counted.

Total US credit card debt having just hit a record $1.1 trillion, up $363B since 2021. That's $7.3B a month. Buy Now, Pay Later schemes, projected at $117B this year, aren’t even counted.

Consumer Loans: Credit Cards and Other Revolving Plans, All Commercial Banks