Missed Payments, Rising Interest Rates Put ‘Buy Now, Pay Later’ to the Test - The Wall Street Journal

Affirm, Afterpay and Klarna grew rapidly during the consumer-spending boom. Investors have concerns as outlook looks cloudier.

Buy now, pay later companies promised a credit revolution that would change the way people pay for things. Rising delinquencies and a slowing economy are clouding that outlook.  Payment plans that a… [+380 chars]

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