The Specter of Phantom Debt
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Description
"Buy Now, Pay Later." That sounds great, but it leads to what's known as "Phantom Debt." These debts are not recorded like many others and there's no concrete way to...
show moreSwiss America CEO Dean Heskin and Chris Agelastos break down Phantom Debt, how people get caught up in it, how it could affect the nation and individuals, and how you can protect yourself on The Secret War on Cash.
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Articles referred to in this podcast:
Buy now, pay later is a troublesome type of phantom debt, experts say (cnbc.com)
US bankruptcies surged 18% in 2023 and seen rising again in 2024 -report | Reuters
Information
Author | SATC Admin |
Organization | SATC Admin |
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