Buy now, pay later is driving Gen Z into debt
Per Bloomberg: Reports that numerous Gen Z are going into debt. The numbers aren't exactly clear, and largely anecdotal.
Notes that this surged in popularity in Covid.
AFRM is down largely this year.
See full article: https://www.bloomberg.com/news/articles/2022-10-28/buy-now-pay-later-loans-drive-gen-z-into-debt-hurting-credit-scores