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  • Covid-19 Economy Boosts 'Buy Now, Pay Later' Installment Services

    The holiday season is almost over, but for many gift-givers, the tab won't come due until well into 2021.. Millions of U.S. consumers, looking to stretch their dollars and avoid taking on new credit-card debt during the coronavirus pandemic, flocked in recent months to "buy now, pay later" offers from financial-technology companies including Affirm Holdings Inc., Afterpay Ltd. (AFTPF) and Klarna Bank AB. In November, the cumulative number of U.S. shoppers that had opened an Afterpay (AFTPF) account...

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