[AussieWog93]

>I'm concerned if BNPL practice flourishing because it's quite easy to trigger systemic crisis later on.

Genuine question - how would that work?

BNPL companies tend to have pretty low limits and demand repayment fairly quickly, so I don't think it could lead to a GFC-scale bad debt situation at the very least.

[eunos]

Well when I watched the big short, they said that house mortgage is the safest investment ever.

[AussieWog93]

House mortgages are not capped at $2k and repaid over 8 weeks...