Charities sound alarm over buy-now-pay-later debt

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The Citizens Advice network says people often regret using the increasingly popular payments method. …

Alex Marsh, UK head of the one of the most popular BNPL firms, Klarna, said: “There is now a variety of buy now pay later providers in the market and the findings in this report do not represent the experiences of the more than 12 million consumers who choose to use Klarna’s interest free, fee-free services each year.

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