Consumers spend 10 to 40 percent more when using buy now, pay later (BNPL) services, a trend that has prompted the Consumer Financial Protection Bureau to issue warnings regarding consumer overspending.

Authors

• Person: Angela Chen Organization: Berkeley Economic Review
  Applying Behavioral Economics to Marketing, Policy, and Beyond

Sources

• Applying Behavioral Economics to Marketing, Policy, and Beyond econreview.studentorg.berkeley.edu Angela Chen · Berkeley Economic Review via serper

Referenced by nodes (1)

• Consumer Financial Protection Bureau entity