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Does that debt include buy now pay laters like affirm / klarna?

• tootie 3y ago
  Those probably have a tiny percentage of total debt. The biggest will be credit cards, mortgages, auto loans, home equity. I'm not really sure how it's calculated, but maybe based on the value of the secondary markets like how much investable consumer debt is being issued by major lenders. Assuming that pay-laters have a real financial institution behind them, they'd probably be part of the calculation.