Some Buy Now, Pay Later Customers Are Facing Rejection

May 16, 2023, 07:00 AM

Episode image

Some users of Buy Now, Pay Later programs like Klarna and Affirm say they have faced unexpected denials or lower spending limits when they try to make purchases. WSJ personal-finance reporter Imani Moise joins host J.R. Whalen to explain why the companies are tightening credit standards.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Some users of Buy Now, Pay Later programs like Klarna and Affirm say they have faced unexpected denials or lower spending limits when they try to make purchases. WSJ personal-finance reporter Imani Moise joins host J.R. Whalen to explain why the companies are tightening credit standards.

Learn more about your ad choices. Visit megaphone.fm/adchoices