US consumer groups and lawmakers say Klarna, Affirm, Afterpay, and other BNPL services may encourage younger and lower-income Americans to take on too much debt (New York Times)

New York Times:

US consumer groups and lawmakers say Klarna, Affirm, Afterpay, and other BNPL services may encourage younger and lower-income Americans to take on too much debt  —  Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.