The Consumer Financial Protection Bureau says "buy now, pay later" lenders are credit card providers and is applying additional regulations for the lenders to follow.

Klarna and Affirm surged in popularity during the pandemic’s online shopping boom, as buyers used them to finance big purchases such as designer bags and daily expenses.

Affirm co-founder and CEO Max Levchin argues consumers need more access to credit and purchasing power amid decades-high inflation and the Fed's rate hikes.

The CFPB has launched an investigation into companies that offer "buy now, pay later" credit

When Walmart announced it was ending its layaway program for the majority of its store categories in favor of a buy now, pay later format, social media users expressed their confusion and sadness with nostalgic tweets. Retail experts and financial lending providers aren’t surprised by the shift.

As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments.