Millions turn to ‘buy now, pay later’ — but is it really saving you money?

"The problem is ‘buy now, pay later’ is available for almost any type of purchase," said Kevin Brasler, Executive Editor of Consumer’s Checkbook. "I mean, fast food restaurants, you can often pay in ... Read More

Klarna seeks growth beyond buy now, pay later as its stock goes public

A recent survey by LendingTree showed 41% of buy now, pay later customers said they paid late at least once in the past year. That’s up from 34% the year before. If people miss a payment, they may ... Read More

You decide: Is “buy now, pay later” good use or abuse?

Dr. Mike Walden “Buy now, pay later” offers have been gaining popularity, especially among young people. They offer a quick and easy way to obtain what you want now. About half of households now use ... Read More

Klarna goes public as more people say buy-now-pay-later is the only way they can afford to buy things

Fintech company Klarna made its stock-market debut Wednesday, at a time when experts say buy-now-pay-later consumers are in their most vulnerable state since the payment method became mainstream. Read More

Buy Now Pay Later will soon impact your credit score

Personal finance experts warn that for many people, that's not good news. “Imagine missing one of those payments, and something as cheap as a refrigerator - maybe it's $800 - now ends up costing you ... Read More

Consumer watchdog ends investigation into buy now, pay later company linked to Donald Trump Jr.

WASHINGTON (AP) — The Consumer Financial Protection Bureau has dropped an investigation into a buy now, pay later company with close ties to President Donald Trump’s son Donald Trump Jr., saying the ... Read More

Are buy now, pay later plans eligible for debt forgiveness?

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ... Read More