In 2024, New York governor Kathy Hochul introduced proposed regulatory measures for "Buy Now Pay Later" lenders (such as Klarna) in the state budget. The measures would require such companies to ...

But the “buy now, pay later” (or BNPL) industry is not as well-regulated as the credit card industry, leaving customers open to exploitation. It’s also an easy way for people to go into debt.

Buy now, pay later protections enacted by the Consumer Financial Protection Bureau are at risk as the agency loses its regulatory power. BNPL lenders may revert to practices like predatory fees ...

Commentators were quick to poke fun at the deal with Klarna, which lets you pay off a late-night Taco Bell order in four, interest-free payments or defer for 30 days. What could go wrong?

Buy Now, Pay Later services are typically used on large purchases, like furniture. But now one service is branching out into fast food. DoorDash is partnering with Klarna, a financial company that ...