Lay away. Credit cards. Installment loans. We’ve been engaging in “buy now, pay later” practices for decades. The latest model actually bears the title. Dubbed as the hottest thing in fintech, start-ups such as Affirm Holdings Inc., Klarna, Afterpay Ltd and even household names including PayPal Holdings Inc. are offering customers the option to spread out the cost of a purchase over smaller, affordable monthly payments.
Millennials and young Gen X shoppers have flocked to buy now, pay later apps with Gen Z not far behind. Are these simply the next innovation in consumer culture? Or should we be worried?
"pay" - Google News
September 30, 2021 at 10:00PM
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Yes, You Can Buy Now, Pay Later. But Should You? - Bloomberg
"pay" - Google News
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