Released: May 17, 2022
Buy now, pay dearly?
Source: Taylor Washington & Alexi Horowitz Ghazi, NPR
Buy now, pay later companies like Klarna, Afterpay and Affirm have taken the country by storm ever since the pandemic fueled an online shopping explosion. But offering customers the option to pay for anything from clothes to oral surgery in interest-free installments sounds almost too good to be true, right?
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