Cute Debt - Is Klarna Killing Our Self Esteem?
Would you rather one payment of $150 or three monthly payments of $50? Is this pizza basically free if I pay $4 for a few months rather than twelve bucks at once? As the famously moral financial institution CashApp once said, “Little payments are so much cuter.”
In this week's episode, hosts Ione and Gina look at the rise of "cute debt" - the monicker given to Buy Now, Pay Later schemes that pointedly target young women - discussing how the dangers of debt have been replaced by the glamorisation of Klarnamaxxing, whether we should trust these brands to budget for us and why shopping addictions aren't treated sincerely in society.