Why Consumers Should be Cautious with Buy Now, Pay Later

Convenience comes with a cost

Andy Spears

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Photo by Jacek Dylag on Unsplash

You know the products — Klarna, AfterPay, Sezzle, Affirm, even PayPal “Pay in 4.” They offer you the chance to buy what you need or want right now and pay for it over a short period of time, usually in four total payments.

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Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .