Why buy now, pay later isn’t empowering

The ads are everywhere: “Pay at your own pace.” “Split it into four interest-free installments.” “Shop now.”  For millions of shoppers, buy-now-pay-later options like Klarna, Afterpay and Affirm have become the preferred way to pay. These companies promise to make the shopping experience easier by letting you split your payments, avoid interest, and keep track […]