Americans turning to "buy now, pay later" loans for rent, food, and other necessities
Buy now, pay later loans exploded in popularity during the pandemic as a way to split up large consumer purchases. Now, people are using them to afford everyday necessities. CBS News MoneyWatch reporter Megan Cerullo breaks it down.
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Signal breakdown
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- 32.8 of 35
- Source authority
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- Velocity
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Strongest signal: freshness, 32.8 of 35. How each signal is calculated.
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