Clueless about credit: the rising perils of ‘buy now, pay later’ apps

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Many young people don’t know how credit cards or buy now pay later services work and how much they cost, but a few simple tips can help keep heads above water when it comes to debt

At the grand old age of 22, my days of being a freeloader are running low. Very low.

Coming off the family phone plan was a grave day, and the one that kickstarted the countdown to the looming prospect of my monetary self-sufficiency. Like many young adults still living at home, I’ve been keeping my head down. I’m paying my parents rent to live with them, ...

Source: Loan Digest (loandigest.net)

 

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