'Buy now, pay later' schemes offer a short-term solution for shoppers in a tight spot, but some say they can also lead to credit score damage. As people navigate financial uncertainty brought on by the pandemic, a Klarna initiative is offering education instead of a 'buy buy buy' message.

As countries across Europe begin to reopen their borders, trips abroad are back on the cards for British holidaymakers. With the pandemic leaving many financially worse off, Fly Now, Pay Later offers travellers an easy way to finance getaways without having to stretch their wallets upfront.

Gen Yers and Zers are turning to payment services like Klarna, Afterpay, and Laybuy to help their wallets keep up with their shopping habits. But due to a lack of education regarding financial responsibility, how are these ‘buy now, pay later’ services impacting their financial futures?

The Zilch credit card is helping young shoppers gain more experience in financial credit payments. While many Gen Yers and Zers are turning to 'buy now, pay later' schemes to help fund their shopping habits, there are calls for financial brands to help young customers stay financially responsible.