Trump’s Chaos Economy Could Trigger a Debt Crisis

Lending Tree, an online lender, reported last week that nearly half of U.S. households that used “buy now, pay later”—loans offered at online store checkouts by companies like Affirm and Klarna—had been late on their monthly payment over the past year. That’s up from the 41 percent who paid late the year before, but more importantly it was the latest in a series of worrisome news about how many families are falling behind on all kinds of debt. And that’s not just a problem for those families but...