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US consumer groups and lawmakers say Klarna, Affirm, Afterpay, and other BNPL services may encourage younger and lower-income Americans to take on too


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2023-12-21 22:27:05
milo
Privacy , Cybersecurity Business

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New York Times:

US consumer groups and lawmakers say Klarna, Affirm, Afterpay, and other BNPL services may encourage younger and lower-income Americans to take on too much debt  —  Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.




New York Times:

US consumer groups and lawmakers say Klarna, Affirm, Afterpay, and other BNPL services may encourage younger and lower-income Americans to take on too much debt  —  Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.



Source: TechMeme
Source Link: http://www.techmeme.com/231221/p23#a231221p23


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