#41: Are ‘Buy Now, Pay Later’ companies encouraging people to fall into debt?

<p>Sophie Hannah is joined by her husband, Pastor Jonathan, and Executive Producer, Lisimba Pink, to discuss whether ‘Buy Now, Pay Later’ firms like Klarna are helping people to buy things they need now by spreading the cost over a more manageable period, or targeting people who are financially naïve and encouraging them to get into debt.</p><p>Subscribe to our newsletter for your weekly dose of Extra Ethnic:</p><p><a href="https://mailchi.mp/c2749d9238ee/extraethnic">https://mailchi.mp/c2749d9238ee/extraethnic</a></p><p>--------------------------------------- </p><p>FOLLOW THE CONVERSATION </p><p>#EthnicallySpeaking</p><p>Instagram:<a href="http://www.instagram.com/unitedmelaninco"> https://www.instagram.com/unitedmelaninco</a></p><p>Facebook:<a href="https://facebook.com/unitedmelaninco"> https://facebook.com/unitedmelaninco</a></p><p>Twitter:<a href="http://instagram.com/unitedmelaninco"> https://instagram.com/unitedmelaninco</a></p><p>LinkedIn:<a href="https://www.linkedin.com/company/unitedmelaninco/"> https://www.linkedin.com/company/unitedmelaninco/</a></p><p>YouTube: <a href="http://www.youtube.com/c/UnitedMelaninGroup">https://www.youtube.com/c/UnitedMelaninGroup</a></p><p>Get in touch with us: ethnicallyspeaking@unitedmelaningroup.com</p><p>---------------------------------------- </p><p>LINKS MENTIONED IN THIS EPISODE </p><p><a href="https://unitedmelaningroup.com/es041">https://unitedmelaningroup.com/es041</a></p><p>(Website – Show notes and links to UK organisations providing further support if you, or someone you know, has been affected by debt issues)</p><p><a href="https://news.sky.com/story/buy-now-pay-later-firms-face-fca-crackdown-after-woolard-review-12205480">https://news.sky.com/story/buy-now-pay-later-firms-face-fca-crackdown-after-woolard-review-12205480</a></p><p>(Article – ‘Buy now pay later’ firms face FCA crackdown after Woolard review – Mark Kleinman for Sky News)</p><p><a href="https://www.theguardian.com/money/2020/oct/03/klarna-debt-buy-now-pay-later-fees-interest">https://www.theg