Free Republic

A record number of Americans have been using “buy now, pay later” apps amid the surging inflation seen in Biden’s economy. A new report from PYMNTS Intelligence showed 6.5 percent of Americans, roughly 15 million, have been using BPNL apps to pay for groceries since last year. Per the New York Post: Of those using the apps — offered by fintech services such as Affirm, Klarna, Afterpay and PayPal — around 5.4% were low-income Americans, according to the study. The rest were those whose yearly incomes were at least $100,000. Last month, the Federal Reserve Bank of New York published...

In a concerning trend, the financial advice landscape on CNBC has taken a speculative turn that many find alarming. The mantra of “Buy now, refinance later” is being propagated, raising eyebrows as experts caution against such advice, especially if interest rates don’t fall low enough for a successful refinancing. The desperation to pump and speculate on all assets, as observed on CNBC, has sparked a conversation about the ethical responsibility of financial platforms. “Buy now, refinance later” is being labeled as one of the worst pieces of financial advice, especially given the potential pitfalls if interest rates do not align...

When she started shopping for the holidays late last year, Kelly Andersen was struggling to buy her loved ones gifts. So she turned to a novel solution to get through the season: Buy now, pay later. The 31-year-old freelance copywriter from Los Angeles used Klarna and PayPal to split a variety of purchases into four interest-free payments spread out over a series of weeks. At the time, her upfront cost was about a quarter of the overall purchase price. But now that January has arrived and the other installments are starting, Andersen isn’t sure how she’s going to pay them...

NRA Members' Councils of California Please Distribute Widely To All Gun Owners/Groups -----------------------------------NRA MEMBERS' COUNCILS OF CALIFORNIA 06/10/2003 ----------------------------------- In the latest "News Briefs", Tony reveals some interesting details on the dirty anti-gunner tricks Paul Koretz used to SQUEAK (passed by 1 vote) his .50 CALIBER RIFLE BAN through the Assembly. That this atrocity just BARELY made it bodes well for stopping the bill (AB 50) before it gets to Gray Davis' desk! Check out Anthony's latest at:http://NRAMembersCouncils.com/newsbriefs/And get the latest RKBA-related CA legislative info at: http://NRAMembersCouncils.com/legs.shtml ---------------------- DON'T MISS... ---------------------- * WAYNE V. CNN - Wayne LaPierre takes...