Buy Now, Pay Later (BNPL) - is it a safe way to borrow?  

Buy Now, Pay Later (BNPL) is a way to spread the cost of shopping without paying upfront. Instead of paying in full at checkout, a BNPL provider such as Klarna or Clearpay, pays the retailer for you, and you repay them later. This can be in one go (such as in 30 days) or in instalments over a few months. 

 It feels easy and it’s usually interest-free, but it’s still borrowing, which can come with risks if you can’t keep up.