More than 1 in 3 consumers said they spent more than they could afford this holiday season, now owing an average of more than $1,200, according to a new LendingTree report.
now pay later has exploded in popularity with the rise in online shopping during the pandemic; however, studies show installment buying could encourage consumers to spend more than they can afford.
Although these programs let shoppers break their purchases into equal payments, often interest-free, there could be late fees, deferred interest or other penalties if you miss a payment., on the other hand, are one of the most expensive ways to borrow; with interest rates of more than 16%, on average. If you have bad credit, you'll pay even more: Roughly one-quarter of borrowers have an APR between 20% and 29%, LendingTree found, while 9% had an APR higher than 30%.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
A $1-Billion Boost to the NCI Will Help Us Beat Cancer'We must work together to treat cancer with the same urgency that we tackled the pandemic—starting with a robust, sustained investment in cancer research through the National Cancer Institute (NCI)' say senators ChrisCoons and JerryMoran in Opinion.
Consulte Mais informação »
U.S. Army Award Northrop Grumman $1.4B Contract for IBCSNorthrop Grumman has successfully bid for a 5-year contract to deliver the U.S. Army's Integrated Battle Command System (IBCS).
Consulte Mais informação »
Nearly $1 million in handbags stolen from Florida storeThe high-end heist netted the thieves several bags worth five and six figures each.
Consulte Mais informação »
Fla. Woman Who Lost Leg After Pedicure Settles With Nail Salon for $1.75MA Florida woman whose leg had to be amputated because of an infection after a pedicure has reached a $1.75 million settlement with the nail salon, her attorney said.
Consulte Mais informação »
Elon Musk Sells Another $1 Billion in Tesla Shares, Nearing 10% TargetTesla CEO Elon Musk sold another 934,090 shares, or about $1.02 billion worth of his holdings in the electric car and solar business.
Consulte Mais informação »
From bitcoin hitting $1 trillion in market value to Elon Musk's dogecoin tweets: 12 key crypto moments from 2021From bitcoin hitting $1T in market value to Elon Musk’s dogecoin tweets: 12 key crypto moments from 2021 - CNBC
Consulte Mais informação »