Whether or not there’s a will, the results are the same.
Articles on Consumer debt
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Better financial literacy could help consumers avoid the dread of the January debt reckoning.
Americans are increasingly worried about the economy. Research shows that taking steps to improve your ‘financial efficacy’ can help alleviate some hardships.
Recent research shows that chasing money and high-end goods can lead people to demand more from their loved-ones.
Are buy now, pay later services truly a new way to boost financial inclusion, or just another type of predatory loan?
New research has found 20% of young people are struggling to keep on top of their ‘buy now, pay later’ debt – leading to long term financial harm.
More credit checking, spending limits and caps on fees are among the changes being imposed on buy now, pay later lenders.
BNPL is now the second most common form of consumer credit used by young Australians - except technically it’s not credit.
The UK’s cost of living crisis has exposed the financial vulnerability of consumers, especially those using ‘buy now, pay later’ products.
Buy now, pay later is a booming business. But be warned before you invest in it – or use it as a customer.
In the first six months of 2021, Afterpay’s gross profit was US$284 million — about 150% more than the US$113 million profit it booked in the six months before the pandemic.
UK government put caps on payday loans five years ago, but they have not gone away – and will be in great demand in the months ahead.
By not charging interest, Afterpay and other ‘buy now, pay later’ providers avoid the rules of national consumer credit law.
People are stressed out about money, with most of us struggling to make ends meet due to abusing credits cards and amassing consumer debt. Some tips on how to change your spending behaviour.
Top contributors
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Senior Lecturer, School of Accounting, Economics and Finance, Curtin University
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Head of School at the School of Accounting, Curtin University
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Lecturer, RMIT University
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Professor of Finance, Auckland University of Technology
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Senior University Teacher , Accounting and Financial Management Division, University of Sheffield
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Lecturer in Accounting, University of Sheffield
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Associate Professor of Quantitative Marketing and Analytics, Binghamton University, State University of New York; Indiana University
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Research Fellow – Quantitative Data/Statistics, Monash University
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PhD Student in Marketing, Indian Institute of Management Lucknow
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Adjunct Senior Lecturer, Business School, Auckland University of Technology and Senior Lecturer in Finance & Financial Planning, Griffith University
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Professor, Centre for Co-operative Studies, Department of Food Business & Development, Cork University Business School, University College Cork, University College Cork
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Acting Director, Centre for Co-operative Studies, University College Cork
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Professor of Education Policy and Practice, Youth Studies, Monash University
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Professor of Finance, RMIT University
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Coventry University