The Phantom Debt of Buy Now, Pay Later
As the total amount of buy now, pay later debt continues to climb, as does the risk to credit unions and the housing market. Emily Claus discusses the rise of Buy Now, Pay Later services, the phantom debt they create, and what it all means for credit unions.
Credit Unions and the Evolution of “Buy Now Pay Later” Lending
Chip Filson dives into the history of buy now, pay later and how the practice—and those who use it—has changed over the decades.
Michigan Credit Unions Buy Back Medical Debt for Over 3,000 Community Members
Jim Smith details how nine Michigan credit unions banded together to provide medical debt forgiveness for over 3,000 community members, proving that the true focus of credit unions is all about people.
