by Asia Grace at new York Post
Last July, Armani Bryan spotted a $2,000 blue Marine Serre dress on posh digital retailer Farfetch that she just had to have — but couldn’t quite afford.
And so, the 20-year-old Miami native used payment-postponement app Klarna, figuring there’d be no harm in purchasing the frock in four installments through Klarna’s seductive “Pay in 4” option.
But for Bryan, Klarna’s updated, glossy take on layaway turned out to be too good to be true. Now saddled with debt and a dismal credit score, she joins the more than 717,000 millennials and Gen Zers commiserating on TikTok over their respective buy-now-pay-later, or BNPL, horror stories via the hashtag #KlarnaCredit.
“I thought paying for this dress in four [installments] would be easy for me, but it wasn’t,” Bryan, a digital entrepreneur, told The Post…
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