Can buy now, pay later survive the cost of living crisis?
12 mins | Jun 15, 2022
The allure of interest-free money could be over. Supercharged by the pandemic-fuelled e-commerce boom, 'buy now, pay later' has become ubiquitous in retail. But with high energy costs and household prices causing consumers to tighten their budgets, Siddharth Venkataramakrishnan questions what could happen when people can't make the repayments.
From Financial Times