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Gen Z's 'Buy Now, Pay Later' Trend Sparks Financial Concerns

6/30/2025

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Summary

Story summary

Gen Z and millennials are turning to "buy now, pay later" services like Klarna and Afterpay, drawn in by their ease and minimal credit score effects. However, experts caution that this trend, fueled by economic strain and a culture of debt, could spiral into reckless spending and serious financial troubles in an already tough economic landscape.

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Story summary

Gen Z and millennials are turning to "buy now, pay later" services like Klarna and Afterpay, drawn in by their ease and minimal credit score effects. However, experts caution that this trend, fueled by economic strain and a culture of debt, could spiral into reckless spending and serious financial troubles in an already tough economic landscape.