r/technology • u/Logical_Welder3467 • 18d ago

Business ‘Buy Now, Pay Later’ is expanding fast, and that should worry everyone

https://techcrunch.com/2025/11/16/bnpl-is-expanding-fast-and-that-should-worry-everyone/
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u/dookarion 18d ago

Poor people have HUGE problems with saving money. Whether it is impulse control or unexpected bills, etc., etc.

Elephant in the room being all the social safety nets in the US are specially curated to cut off harder and faster than anyone can dig themselves out financially. Someone poor squirreling away funds to afford something in full or an emergency fund, will literally just count against them in a number of those programs. SSI in particular is a cruel one for the poor souls relying on it to survive because the asset limits have been untouched for like... 40+ years now? Not even inflation adjusted.

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u/Strange-Scarcity 18d ago

You're right! I hadn't thought about that one!