Consumer Financial Protection Bureau Probing ‘Buy Now, Pay Later’ Companies, Including Affirm, Klarna

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Consumer Financial Protection Bureau Probing ‘Buy Now, Pay Later’ Companies, Including Affirm, Klarna
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The Consumer Financial Protection Bureau launched an inquiry into 'buy now, pay later' installment plans offered by Afterpay, Affirm, Klarna and other firms that are frequently offered to online shoppers

Consumer bureau seeks information on $55 billion installment-plan sector popular with online merchants

As the cost of groceries, clothing and electronics have gone up in the U.S., prices in Japan have stayed low. WSJ’s Peter Landers goes shopping in Tokyo to explain why steady prices, though good for your wallet, can be a sign of a slow-growing economy. Photo: Richard B. Levine/Zuma Press; Kim Kyung Hoon/Reuters

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