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Dec 2023
11m 28s

Behind the Buy Now, Pay Later Boom

The Wall Street Journal
About this episode

Buy now, pay later services like Afterpay, Affirm and Klarna have been around for a while, but they exploded in popularity during the pandemic. Now, consumers are shifting more of their spending to buy now, pay later lenders. WSJ reporter Angel Au-Yeung joins host Alex Ossola to talk about how they work and why some consumer-advocacy groups say these services encourage shoppers to take on more debt than they can afford.

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