The odd loophole these buy now pay later schemes have (or maybe had, I haven’t checked for a while), is that they don’t show up on your credit reports. This means more borrowing, and more opportunity to get in over your head in debt.
And then people get pushed into irresponsible borrowing, like its normal. You see ads for buying a fucking burger and paying it back over six weeks. I’ve seen tile shops that take Klarna as payment. Sorry to be Mr Old Fashioned, but by the stage of life where you’re buying kitchen tiles, you should have your financial shit together.
I mean sure, shit happens and sometimes you need £800 for a car repair or something so you don’t lose your job and fall into a cascade of debt, but $800 on a tent for a two day beach trip for a toddler? Give your head a wobble. He’d have had just as much fun two minutes down the road in a local park.