As pedestrians stroll by, they are captivated by an advertisement for Klarna.
When Kiki Andersen began her holiday shopping late last year, she encountered difficulties in purchasing gifts for her loved ones. To navigate through this challenge, the 31-year-old comedian from Los Angeles turned to a unique solution: Buy now, pay later.
She utilized Klarna and PayPal to divide her purchases into four interest-free payments over several weeks, with only a quarter of the total purchase price paid upfront. However, as January arrives and the subsequent installments loom, Andersen finds herself grappling with the daunting task of paying them off. She is now burdened with a mountain of micro payments, contemplating how to manage her bills.
“I’ve resorted to selling clothes… if I have to sell a pair of shoes to make a payment, I will,” Andersen shared with CNBC, referring to the approximately $1,700 in buy now, pay later debt she has accumulated. “I’m definitely…”
2024-01-21 07:17:56
Link from www.cnbc.com