What you need to know about interest-free payment plans
Clip: 1/15/2023 | 5mVideo has Closed Captions
What you need to know about interest-free payment plans
As prices remain high from inflation, the concept of "buy now, pay later" is gaining popularity among consumers. Companies like Affirm, Afterpay and Klarna allow customers to take an item home right away and pay for it over time in interest-free installments. Roben Farzad, host of Virginia Public Radio's Full Disclosure podcast, joins John Yang to discuss the potential pitfalls of these plans.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
What you need to know about interest-free payment plans
Clip: 1/15/2023 | 5mVideo has Closed Captions
As prices remain high from inflation, the concept of "buy now, pay later" is gaining popularity among consumers. Companies like Affirm, Afterpay and Klarna allow customers to take an item home right away and pay for it over time in interest-free installments. Roben Farzad, host of Virginia Public Radio's Full Disclosure podcast, joins John Yang to discuss the potential pitfalls of these plans.
Problems with Closed Captions? Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...