Some Buy Now, Pay Later Customers Are Facing Rejection

Some Buy Now, Pay Later Customers Are Facing ...

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What’s News in Markets: Tech Winners and Losers, Fed Fallout, Taco Bell Rebound

Between Microsoft, Meta, Apple and Amazon, who emerged from a big week for tech earnings unscathed? And how did Jersey Mike’s stock trade post-IPO? Plus, why did Universal Music Group lose a quarter of its value? Host Shradha Dinesh discusses the biggest stock moves of the week a ...  Show more

What’s News in Markets: AI’s Price Tag, Elon Musk’s Reality Check, a Fast Track to Trump Posts

How much AI spending is too much? And why are some Tesla and SpaceX investors losing patience with Elon Musk? Plus, why are Wall Street firms paying up to $100,000 for a fast track to Trump posts? Host Imani Moise discusses the biggest stock moves of the week and the news that dr ...  Show more

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Buy now, pay dearly? (update)
Planet Money

(Note: A version of this episode originally ran in 2022.)Every time you shop online and make it to the checkout screen, you see those colorful pastel buttons at the bottom. Affirm. Klarna. Afterpay. Asking: Do you want to split your payment into interest-free installments? No cre ...  Show more

What Could Go Wrong?
Listen to the Story

Klarna, Affirm and Afterpay have turned four easy payments into a whole new credit universe. Economic uncertainty and regulatory scrutiny—and, of course, the usual debt problems—are spoiling the fun. By Esmé E. Deprez, Evan Weinberger and Jenny SuraneSee omnystudio.com/listener f ...  Show more

Affirm CEO Talks America's Credit Problem
Bloomberg Talks

Max Levchin, CEO of Affirm, a buy now pay later provider, discusses what's wrong with credit in America and why so many consumers are turning to buy now pay later -- and how that threatens financial incumbents. He speaks with Bloomberg's Sonali Basak for this week's Bloomberg Mar ...  Show more

People Are Using Buy Now, Pay Later Just To Make Ends Meet
Big Take

With the economy in flux and prices continuing to rise, more consumers are saying yes to buy now, pay later offers. And not just for instant gratification on big-ticket items like a couch or a laptop. Struggling families are using it to spread out payments for essentials like foo ...  Show more