Egypt’s Buy Now, Pay Later Industry Poses a Monthly Threat to its Users
“Today is the last chance to pay,” this is the message that panicked Mohsen Abdel Qader, a customer who defaulted on a loan worth 30,000 Egyptian pounds (591.5 US dollars) that he obtained from a financing application to purchase home appliances. It was the moment when the convenience of an installment plan turned into an … Read more