Claims extracted
24
sentences that state something as happening or true
Uncertain
4%
1 of 24 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
69/100
Daily Mail's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Dear Vanessa,
I'm 24 and I've got myself into a mess with buy now, pay later.
asserted
I → get → mess
I started using it for clothes, but now I'm using it for groceries and other basics when payday still feels a long way off.
asserted
payday → start → groceries
I have accounts with three different services.
asserted
I → have → services
Each repayment looks small on its own, but they're coming out of my pay every week and I've started using one account when another payment leaves me short.
asserted
payment → look → me
I'm not sure exactly how much I owe, and I feel embarrassed that I can't manage my money properly.
asserted
I → owe → money
I don't want to give up every little treat, but I also don't want this to get worse.
asserted
this → want → treat
What should I do first?
asserted
I → do → What
You've spotted a pattern that's worrying you, and you've asked for help before it gets harder to manage.
asserted
it → spot → help
Money educator Vanessa Stoykov (pictured) gives advice to a young woman who is worried about use of buy now, pay later services
When a repayment is being covered by another repayment, it's time to pause new spending through these services.
asserted
it → picture → services
That doesn't mean you have to fix everything today.
asserted
you → mean → everything
It means giving yourself a clear picture of what's going out and stopping the total from growing.
asserted
what → mean → total
Seeing the whole picture can feel uncomfortable, but it's much easier to make a plan when you know what you're dealing with.
asserted
you → see → what
If you're worried you won't be able to meet a payment, contact the provider before it's due and explain what's happening.
asserted
what → worry → provider
Ask what support or repayment arrangement may be available.
uncertain
arrangement → ask → ?
If the money for repayments is competing with rent, food or other essentials, make those essentials your priority while you work out your next steps.
asserted
you → compete → steps
You also don't have to cut out every treat forever.
asserted
You → cut → treat
Give yourself a small amount for guilt-free spending after you've accounted for essentials and repayments.
asserted
you → give → essentials
When that amount is gone, wait until your next pay before spending more.
asserted
amount → go → more
'I'm not sure exactly how much I owe, and I feel embarrassed that I can't manage my money properly,' the young woman writes
A treat you can pay for now is much less stressful than one that follows you into the next fortnight.
asserted
that → owe → fortnight
Because you've got several accounts and aren't sure of the total, consider speaking to a free financial counsellor.
asserted
you → get → counsellor
You can talk through your situation without judgement and get help working out what to do next.
asserted
You → talk → what
You don't need to solve your whole financial life at once.
asserted
You → need → life
Start with the list, stop adding new repayments, and ask for help if the numbers don’t fit.
asserted
numbers → start → help
You can subscribe to Vanessa's free newsletter here.
asserted
You → subscribe → newsletter
The Aporia
