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The "buy now, pay later" lending loophole is building a debt bomb
Manage episode 489277206 series 134477
Content provided by TPR and David Martin Davies. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by TPR and David Martin Davies or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
The consumer economy is showing signs of stress and strain. Lending platforms report an increasing number of “buy now, pay later” users falling behind on payments. “Buy now, pay later” refers to the short-term loans and missed installments are a sign of faltering financial health especially in the low-income working class— who are being confronted with rising inflation, cuts in SNAP and the Trump administration’s move to collect on federal student loans.
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81 episodes
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Manage episode 489277206 series 134477
Content provided by TPR and David Martin Davies. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by TPR and David Martin Davies or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
The consumer economy is showing signs of stress and strain. Lending platforms report an increasing number of “buy now, pay later” users falling behind on payments. “Buy now, pay later” refers to the short-term loans and missed installments are a sign of faltering financial health especially in the low-income working class— who are being confronted with rising inflation, cuts in SNAP and the Trump administration’s move to collect on federal student loans.
…
continue reading
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Similar to The Source
The Washington Post's Presidential podcast explores how each former American president reached office, made decisions, handled crises and redefined the role of commander-in-chief. It was released leading up to up to Election Day 2016, starting with George Washington in week one and ending on week 44 with the president-elect. New special episodes in the countdown to the 2020 presidential election highlight other stories from U.S. presidential history that can help illuminate our current momen ...
…
continue reading
Professor Elizabeth Joh teaches Intro to Constitutional Law and most of the time this is a pretty straight forward job. But when Trump came into office, everything changed. During the four years of the Trump presidency, Professor Joh would check Twitter five minutes before each class to find out what the 45th President had said and how it jibes with 200 years of the judicial branch interpreting and ruling on the Constitution. Acclaimed podcaster Roman Mars (99% Invisible) was so anxious abou ...
…
continue reading
Conversations with people shaping our world, from all around the globe. Listen to The Interview for the best conversations from the BBC, the world's most trusted international news provider. We hear from titans of business, politics, finance, sport and culture. Global leaders, decision-makers and cultural icons. Politicians, activists and CEOs. Each interview is around 20-minutes, packed full of insight and analysis, covering some of the biggest issues of our time. How does it work? Well, at ...
…
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Entrepreneurship empowers everyone
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Welcome to Crimetown, a series produced by Marc Smerling and Zac Stuart-Pontier in partnership with Gimlet Media. Each season, we investigate the culture of crime in a different city. In Season 2, Crimetown heads to the heart of the Rust Belt: Detroit, Michigan. From its heyday as Motor City to its rebirth as the Brooklyn of the Midwest, Detroit’s history reflects a series of issues that strike at the heart of American identity: race, poverty, policing, loss of industry, the war on drugs, an ...
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Marine wife Erin Corwin was just 19 years old when she disappeared in California’s Joshua Tree National Park. Nearly two months later, her body was found in an abandoned mine in the unforgiving desert, and suspicions quickly fell on a fellow Marine. “48 Hours” and “NCIS” join forces, merging the award-winning journalism of one of the most celebrated true crime news programs with the world’s #1 TV franchise, to bring you the real-life cases that NCIS agents will never forget. This 6-episode p ...
…
continue reading
America is more divided than ever—but it doesn’t have to be. Open to Debate offers an antidote to the chaos. We bring multiple perspectives together for real, nonpartisan debates. Debates that are structured, respectful, clever, provocative, and driven by the facts. Open to Debate is on a mission to restore balance to the public square through expert moderation, good-faith arguments, and reasoned analysis. We examine the issues of the day with the world’s most influential thinkers spanning s ...
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continue reading
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