Financial Times
Jun 1, 2021 - 6 min
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The allure of interest-free money could be over. Supercharged by the pandemic-fuelled e-commerce boom, 'buy now, pay later' has become ubiquitous in retail. But with high energy costs and household prices causing consumers to tighten their budgets, Siddharth Venkataramakrishnan questions what could happen when people can't make the repayments.