Devon writes about debt collection practices and the small print collectors hope you won't read. Background in regulatory affairs.
You already know grocery prices are higher than they used to be. You feel it every time you load the cart with the same items and watch the total climb past where it was a year ago.
If you're reading this with a knot in your stomach because you just looked at your credit card statement, take a breath. You're not irresponsible. You're not bad with money. And you're definitely not alone.
Buy now, pay later services were supposed to be the friendlier alternative to credit cards — split your purchase into four interest-free payments, skip the debt trap, and move on with your life. But the latest data tells a very different story.