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What Happens When Consumers Buy Now and Pay Later? artwork
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What Happens When Consumers Buy Now and Pay Later?

Speaking of the Economy by Richmond Fed

Zhu Wang discusses the emergence of "buy now, pay later" installment loans and shares his research on the potential impacts of this payment option on the credit risks of individuals and the stability of financial markets...

About This Episode

What Happens When Consumers Buy Now and Pay Later? is an episode from Speaking of the Economy by Richmond Fed. Zhu Wang discusses the emergence of "buy now, pay later" installment loans and shares his research on the potential impacts of th...

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Episode Details

Published Mar 4, 2026, 09:31 long, audio available.

Questions About This Episode

What is What Happens When Consumers Buy Now and Pay Later? about?

Zhu Wang discusses the emergence of "buy now, pay later" installment loans and shares his research on the potential impacts of this payment option on the credit risks of individuals and the stability of financial markets. Wang is vice president for research in financial and payment systems at the Federal Reserve Bank of Richmond. Full transcript and related links:

Where can I listen to What Happens When Consumers Buy Now and Pay Later??

You can listen to What Happens When Consumers Buy Now and Pay Later? online on Radio and Podcast. Open the player on this page to stream the available audio.

Which podcast is What Happens When Consumers Buy Now and Pay Later? from?

What Happens When Consumers Buy Now and Pay Later? is an episode from Speaking of the Economy by Richmond Fed.

How long is this episode?

This episode is 09:31 long.

When was this episode published?

This episode was published on Mar 4, 2026.

Can I save What Happens When Consumers Buy Now and Pay Later? for later?

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Are there related episodes from Speaking of the Economy?

Yes. This page shows related episodes from Speaking of the Economy when more episodes are available from the podcast feed.

Quick Answers About This Episode

Where can I listen to What Happens When Consumers Buy Now and Pay Later??

You can listen to What Happens When Consumers Buy Now and Pay Later? on this page when the episode audio is available from the podcast feed.

Which podcast is this episode from?

What Happens When Consumers Buy Now and Pay Later? is from Speaking of the Economy by Richmond Fed.

What are the episode details?

Published Mar 4, 2026 and 09:31 long