India's Middle Class Risks Debt Crisis with BNPL Loans

Many people in India are using 'Buy Now, Pay Later' apps to buy things.

These apps let people buy things and pay later, but it can lead to big problems.

Some people are borrowing too much money and can't pay it back.

Younger people are having the most trouble.

The apps often don't show up on credit reports right away, making it seem easier to borrow.

Also, if people get sick or have other emergencies, it's hard to pay back loans.

The government is starting to watch these apps more closely.

People should be careful with these apps and know how much they are borrowing.