Buy Now, Pay Later Can Now Wreck Your Credit Score.
About this episode
The episode discusses the implications of new Buy Now, Pay Later regulations on credit scores and features a guest who shares insights on personal finance and investment strategies.
This week Sophie's joined by chartered accountant, author and finance creator Abi Foster (filling in for Vic) to unpack the UK's brand-new Buy Now, Pay Later regulations - why they've come in, what they actually mean for your credit score, and how one woman ended up $50k in debt using it. Plus: should you be divesting from the US stock market right now, SpaceX's IPO wobble and Elon losing his trillionaire status, the $110bn Warner Bros/Paramount merger 12 US states are trying to block, and a genuinely lovely bonus story about a Costco cashier who built a $1m retirement pot on minimum wage. Abi’s Links The Money Manual Book: https://www.penguin.co.uk/books/46857... Instagram: https://www.instagram.com/abigailrosefoster/ TikTok: https://www.tiktok.com/@abigailrosefoster YouTube: https://www.youtube.com/channel/UCmvbS2HZTs72pst13nBEmJw/videos Substack: https://elent.substack.com/ Submit your money and morals question to The Ethical Hotline: https://form.typeform.com/to/BZHujjGM and if you want to check out any of the questions we've already answered you can find them here! (https://pathfinder.kiwi/pathfinder-x-the-curve/) Lily’s guide to ethical investing template…
People in this episode
Host: Sophie
Guest: Abi Foster
Topics covered
- Buy Now Pay Later regulations
- credit score impact
- debt management
- stock market investment
- mergers and acquisitions
- ethical investing
Mentioned in this episode
Organizations: Buy Now, Pay Later, SpaceX, Warner Bros, Paramount
Places: UK, US
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