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‘Buy Now, Pay Later’ Lenders Pitch Loans for Needs Like Electricity and Rent

‘Buy Now, Pay Later’ Lenders Pitch Loans for Needs Like Electricity and Rent
Key Points

Americans spent $160 billion last year through pay-later loans from providers like Klarna — nearly twice the amount from just two years earlier.

Americans spent $160 billion last year through pay-later loans from providers like Klarna — nearly twice the amount from just two years earlier. [Image text:] Klarna. MAI9EAUT2 2EBCEra 10SC na. wit
Americans (ORG) Klarna (PERSON)
Originally published by NYT Business Read original →