More Consumers Are Using Buy Now, Pay Later Apps

The video explores the rising trend of Buy Now, Pay Later (BNPL) apps among young consumers, highlighting both the convenience and financial risks associated with these services. It features a student's experience with Klarna, discusses the exponential growth of BNPL products, and examines regulatory challenges. The video also addresses concerns about debt accumulation and the lack of consumer protection, emphasizing the need for careful use and potential regulatory measures.

How do late fees associated with buy now, pay later apps impact users financially?

What regulatory measures has California implemented regarding buy now, pay later services?

In what ways do users perceive the experience of using buy now, pay later apps?