CFPB report reveals risky loan stacking in BNPL sector, with 60% of users sinking in debt

Surely an industry with over 60% subprime loan stackers can’t go wrong (Source: Jan ’25 CFPB Report) byu/-DeBussy- inwallstreetbets https://www.consumerfinance.gov/about-us/newsroom/cfpb-research-reveals-heavy-buy-now-pay-later-use-among-borrowers-with-high-credit-balances-and-multiple-pay-in-four-loans/ CFPB report reveals nearly 2/3 of BNPL borrowers are subprime as Klarna moves to DoorDash h/t -DeBussy-

PlayStation Network (PSN) is facing global outages, disrupting services for users worldwide.

The PlayStation Network (PSN) is currently experiencing issues, affecting users worldwide1. Sony has acknowledged the problem and is working to resolve it. You can check the official PlayStation Network status page for the latest updates. https://twitter.com/KingRoulz/status/1840933976254415088?ref_src=twsrc%5Etfw https://mp1st.com/news/psn-servers-down-and-having-issues-worldwide-this-sept-30 https://www.psu.com/news/psn-down-sony-confirms-playstation-network-is-experiencing-issues/ https://status.playstation.com/en-us/