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Americans May Be Taking on Too Much Pay Later ‘Phantom Debt’

Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.

Ben Casselman
Author: Ben Casselman

Written by

Ben Casselman and Jordyn Holman

in

Christmas, Consumer Behavior, Credit and Debt, Credit Cards, Credit Scores, E-Commerce, Fashion and Apparel, Interest Rates, Klarna AB, Personal Finances, Prices (Fares, Fees and Rates), Shopping and Retail, Start-ups, Supermarkets and Grocery Stores, TransUnion LLC, United States, United States Economy
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