Brittany Luce

In this final episode, author Malcolm Harris joins me to get into how cheap credit may be just another lifestyle subsidy for a new generation. And when the bill comes due, who pays? I'm wondering, how did the millennial lifestyle subsidy that we're talking about and its fallout bring us to this buy now, pay later for everything moment?

In this final episode, author Malcolm Harris joins me to get into how cheap credit may be just another lifestyle subsidy for a new generation. And when the bill comes due, who pays? I'm wondering, how did the millennial lifestyle subsidy that we're talking about and its fallout bring us to this buy now, pay later for everything moment?

I think about that and I also think about the fact, though, that if you did get behind on payments or you didn't pay for something, it wasn't going to be reported to a credit bureau. But as of the past few months, Equifax, Experian and TransUnion are trying to change this. So it kind of sounds like...

I think about that and I also think about the fact, though, that if you did get behind on payments or you didn't pay for something, it wasn't going to be reported to a credit bureau. But as of the past few months, Equifax, Experian and TransUnion are trying to change this. So it kind of sounds like...

I think about that and I also think about the fact, though, that if you did get behind on payments or you didn't pay for something, it wasn't going to be reported to a credit bureau. But as of the past few months, Equifax, Experian and TransUnion are trying to change this. So it kind of sounds like...

Consumers are approaching a situation with buy now, pay later, where if you get behind on a firm or Klarna or whatever credit payments, you could potentially end up with bad credit. So you don't have any of the protections, but also you end up being responsible for any dings against your account with Klarna or a firm or whatever. It seems kind of freaky.

Consumers are approaching a situation with buy now, pay later, where if you get behind on a firm or Klarna or whatever credit payments, you could potentially end up with bad credit. So you don't have any of the protections, but also you end up being responsible for any dings against your account with Klarna or a firm or whatever. It seems kind of freaky.

Consumers are approaching a situation with buy now, pay later, where if you get behind on a firm or Klarna or whatever credit payments, you could potentially end up with bad credit. So you don't have any of the protections, but also you end up being responsible for any dings against your account with Klarna or a firm or whatever. It seems kind of freaky.

Uh-huh.

Uh-huh.

Uh-huh.

Who pays when the lifestyle is no longer subsidized?

Who pays when the lifestyle is no longer subsidized?

Who pays when the lifestyle is no longer subsidized?

Oh my gosh. Okay. My brain already was broken. I think the first time that I understood that credit scores like didn't exist for my parents. You mentioned in your pre-interview that this regulatory disruption is like a common part of tech and Silicon Valley companies. Are there other examples of this?

Oh my gosh. Okay. My brain already was broken. I think the first time that I understood that credit scores like didn't exist for my parents. You mentioned in your pre-interview that this regulatory disruption is like a common part of tech and Silicon Valley companies. Are there other examples of this?

Oh my gosh. Okay. My brain already was broken. I think the first time that I understood that credit scores like didn't exist for my parents. You mentioned in your pre-interview that this regulatory disruption is like a common part of tech and Silicon Valley companies. Are there other examples of this?

Well, one last thing. In your pre-interview with our producer, Alexis, and this surprised me, you mentioned that these lifestyle subsidies – have been happening for generations. And I had to say that stood out to me because I think when people talk about the millennial lifestyle subsidy, they're talking specifically about my generation. They're talking about Uber. They're talking about Airbnb.

Well, one last thing. In your pre-interview with our producer, Alexis, and this surprised me, you mentioned that these lifestyle subsidies – have been happening for generations. And I had to say that stood out to me because I think when people talk about the millennial lifestyle subsidy, they're talking specifically about my generation. They're talking about Uber. They're talking about Airbnb.

Well, one last thing. In your pre-interview with our producer, Alexis, and this surprised me, you mentioned that these lifestyle subsidies – have been happening for generations. And I had to say that stood out to me because I think when people talk about the millennial lifestyle subsidy, they're talking specifically about my generation. They're talking about Uber. They're talking about Airbnb.