Just another debt?

The rise of 'buy now, pay later' platforms is causing young people to overspend whenever they shop

If you have a headache, would you split an aspirin into three small portions and ingest the medicine slowly so that the pain lasts longer? Of course not.

Most of us would dismiss this as just plain silly. Why would anyone want to prolong the pain when one can just end it?

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A version of this article appeared in the print edition of The Sunday Times on April 18, 2021, with the headline 'Just another debt? '. Subscribe