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: Nvidia’s Big Buyback, Cruise Comeback, Egg Glut

Why are cruise stocks rallying despite soaring fuel costs? And how did an egg shortage turn into a glut? Plus, what does Nvidia’s record-breaking stock buyback mean for investors? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up ...  Show more

What’s News in Markets: Meta’s Muse, Diesel Dilemma, Paramount's Breakthrough

What does Meta’s new AI agent mean for finance stocks? And how will the Trump administration’s plan to lower diesel prices impact oil companies? Plus, what did Paramount concede to get its $81 billion Warner Bros. takeover back on track? Host Imani Moise discusses the biggest sto ...  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