Klarna goes public as 3 in 4 Americans rely on buy-now, pay-later. Experts worry it's snowballing 'quickly into a serious financial burden'

Klarna goes public as 3 in 4 Americans rely on buy-now, pay-later. Experts worry it’s snowballing ‘quickly into a serious financial burden’

Swedish fintech firm Klarna just made its highly anticipated debut on the New York Stock Exchange, raising $1.37 billion and locking in a $15 billion valuation. But finance and legal experts are becoming wary of the growing risks associated with the ballooning buy-now, pay later (BNPL) industry.  Klarna, known for its short-term, interest-free financing solutions…

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Texas couple makes $161,000 per year, but is drowning in $90,000 credit card debt, spent $20,000 on California vacation

Texas couple makes $161,000 per year, but is drowning in $90,000 credit card debt, spent $20,000 on California vacation

Texas couple makes $161,000 per year — but is drowning in $90,000 credit card debt, spent $20,000 on California vacation. Caleb Hammer shames them for ‘acting like you’re multimillionaires’ Earning $161,000 a year and living in Texas, which is a relatively low-cost, low-tax state, should present an easy path to financial freedom. But for this…

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