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Splitting the Bill: How BNPL is Changing Young Consumer Spending
Hosts: Jack McFarlane & Ni
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Summary In this episode of The Play by Play, Jack McFarlane and Nick Schlemmer iscuss the growing trend of Buy Now Pay Later (BNPL) services, particularly among Gen Z consumers. They explore how BNPL works, its popularity, personal experiences, and the associated risks, including loan stacking and phantom debt. The conversation emphasizes the importance of financial literacy and the need for businesses to educate their employees about these financial tools. The episode concludes with a cautionary note about the potential pitfalls of BNPL serv
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