Buy Now, Pay Later
What's behind the explosion in popularity of Klarna and its competitors? Most of us have found ourselves wanting something that we can\u2019t quite afford. If you\u2019re low on funds and waiting for money to come in, there are a multitude of borrowing options, from overdrafts and loans to credit cards. A new option that is expanding fast is the Buy Now Pay Later model, where customers have the option to pay back money for their purchases and there\u2019s no interest charges - provided the debts are cleared on time. But is it too good be true? Join Evan Davis and his panel of experts to get to the bottom of the BNPL industry
GUESTS\nAlex Marsh, Head of Klarna UK\nAlice Tapper, financial journalist\nSameer Pethe, Financial Services Partner, Kearney
Producer: Lucinda Borrell\nSound: Graham Puddifoot\nProduction Coordinators: Sophie Hill and Siobhan Reed\nEditor: Hugh Levinson
Produced in association with the Open University