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Gen Z, BNPL, and the fine line between financial freedom and pitfalls - Tearsheet

Retrieved on: 2024-12-04 21:21:19

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Gen Z, BNPL, and the fine line between financial freedom and pitfalls - Tearsheet. View article details on hiswai:

Summary

The article examines how 'Buy Now, Pay Later' (BNPL) services and the YOLO mindset affect Gen Z's financial behaviors, highlighting risks like increased debt due to limited financial literacy. Market research underscores the need for financial education and clearer credit terms to address these issues. Tags like 'Online payments' and 'Consumer behaviour' are pertinent as they relate to BNPL’s impact and its societal implications on young consumers.

Article found on: tearsheet.co

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