‘How did I get approved for $30,000?’: is buy now, pay later headed for a fall?

Advocates worry debt burden is worse with installment payments as credit card debt balloons to over $1tn in US

When Nicole Hartman purchased her home in Berwick, Pennsylvania, in 2019, the place needed remodeling.

The 44-year-old home help aide needed to replace the hot water heater, get two new appliances and fix a water issue, along with making the home more medically accessible for her children.