The BNPL Red Flag Nobody Is Watching

[madtrader]

Buy Now, Pay Later was supposed to be for sneakers and gadgets… now millions are using it to buy groceries.
That’s not convenience — that’s economic stress.
And with 42% of users making late payments, phantom debt is piling up where lenders can’t even see it.
Nigel Morris (Capital One co-founder) says it plainly:
Storm clouds are forming — and the credit system is flying blind.

[alex10]

Hidden default rates could be the biggest unseen risk in BNPL models.

[Abdul Khan]

Consumers depend on BNPL more than ever, but transparency hasn’t kept up. ️🧾