{"podcast":{"title":"How Money Works","slug":"how-money-works-7289568","podcast_index_feed_id":7289568,"rss_url":"https://feeds.megaphone.fm/PODAGEN6866689826","website_url":null,"image_url":"https://megaphone.imgix.net/podcasts/1672d13e-0723-11f0-b46c-3fa26b71332f/image/b16c0074bb9aa03dd005f71d9fa14eb4.jpg?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"How Money Works","episode_count":166,"summary":"Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.","last_synced_at":"2026-07-25T16:18:48.862277+00:00","page_url":"https://stenobird.com/podcast/how-money-works-7289568"},"episode":{"title":"Buy Now Default Later - The Broken Business of BNPL | How Money Works","slug":"buy-now-default-later-the-broken-business-of-bnpl-how-money-works","published_at":"2026-07-24T09:18:00+00:00","page_url":"https://stenobird.com/podcast/how-money-works-7289568/buy-now-default-later-the-broken-business-of-bnpl-how-money-works","show_page_url":"https://stenobird.com/podcast/how-money-works-7289568","url":"https://traffic.megaphone.fm/PODAGEN4710421147.mp3?updated=1778655764","audio_url":"https://traffic.megaphone.fm/PODAGEN4710421147.mp3?updated=1778655764","summary":"Buy Now Default Later - The Broken Business of BNPL Looking to grow your business online? Odoo is an all-in-one solution for businesses. Get started today with a 14-day trial https://www.odoo.com/r/r3U Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ Listen on Spotify - https://open.spotify.com/show/5gi1JobDJC3QqaF4aKfenR?si=f3IsgWIlSKObF8BT1Fitig My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. Buy Now Pay Later companies now have over half a trillion dollars worth of debt on their books according to estimates from industry groups. An exact number is harder to track than something like total credit card debt because these companies are not required to record their lending practices in the same way. Either way this is an especially concerning amount of money because by design “buy now pay later” “loans” SHOULD only last for eight weeks before they are paid off in a predictable instalment plan. But new research (and company confessions) have revealed what you probably already knew… people aren’t really paying off their Klarna account, they are just using it as a new way to make their month go a little bit further at the end of their money… Most of the largest Buy Now Pay Later companies are barely ten years old now, but in that time they have been able to scale rapid…","meta_description":"Buy Now Default Later - The Broken Business of BNPL Looking to grow your business online? Odoo is an all-in-one solution for businesses. Get started today…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1020,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/how-money-works-7289568/episodes/buy-now-default-later-the-broken-business-of-bnpl-how-money-works/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/how-money-works-7289568/buy-now-default-later-the-broken-business-of-bnpl-how-money-works.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}