Services such as Klarna, Affirm, and AfterPay, which offer users “buy now, pay later” financing, have surged in popularity among U.S. consumers. The Onion examines the pros and cons of using BNPL loans.
PRO
Ideal for shoppers seeking a less traditional debt trap
Bills are every month, but this girls trip is once in a lifetime
If you time it right, your wife won’t realize she paid for her own birthday present
Who would go through the trouble of repossessing a hot dog toaster?
Don’t have to pay back if you delete app
CON
Might get accustomed to affording pharmaceuticals beyond your means
Many plans contain fees hidden to those who can’t read
Friends will suddenly all expect “Mr. Jet Ski” to pick up the check
Destroys thrill of shoplifting
Chipotle still disappointing
