Discover and read the best of Twitter Threads about #saywhatyoufound
Most recents (1)
♥️A valentine’s gift ♥️: New short working paper `Buy Now, Pay Later (BNPL)...On Your Credit Card’ with Chris Firth & @johngathergood @ChicagoBooth @WarwickBSchool @UoNEconomics
Paper: arxiv.org/pdf/2201.01758…
Thread ⬇️ 1/9 #saywhatyoufound #householdfinance #BNPL #econtwitter
Paper: arxiv.org/pdf/2201.01758…
Thread ⬇️ 1/9 #saywhatyoufound #householdfinance #BNPL #econtwitter
BNPL is a FinTech credit option to defer payments into 1+ (often <5) 0% interest instalments.
Next time you shop online you’ll likely see BNPL firms (e.g. Afterpay/Clearpay, Affirm, Klarna) as a payment options 👀
🇬🇧 BNPL is larger than payday lending market at its peak! 2/9
Next time you shop online you’ll likely see BNPL firms (e.g. Afterpay/Clearpay, Affirm, Klarna) as a payment options 👀
🇬🇧 BNPL is larger than payday lending market at its peak! 2/9
BNPL is largely unregulated. But UK & US financial regulators (CFPB, FCA) are considering BNPL regulation.
Where's the BNPL research to inform them? Searches on ArXiv found 0 papers, on SSRN 1 (law) paper.🤯
Our paper provides a quantitative starting point for this topic 3/9
Where's the BNPL research to inform them? Searches on ArXiv found 0 papers, on SSRN 1 (law) paper.🤯
Our paper provides a quantitative starting point for this topic 3/9
