Must Read: ‘Buy Now, Pay Later’ Is Driving Gen Z into Debt, Snapchat Might Finally Crack Virtual Shopping

Photo: Edward Berthelot/Getty Images These are the stories making headlines in fashion on Friday. “Buy now, pay later” is driving Gen Z into debt “Buy now, pay later” payment options — like Klarna, Affirm and AfterPay — are increasingly popping up on e-commerce sites and in influencer sponcon. But while these point-of-sale loans are exploding in popularity, they’re also driving Gen Z into debt: Surveys indicate that 43% of Gen Z users have missed at least one payment, with some providers charging up to 30% APR on loans. Joshua Bote details the growing crisis for SFGate. {SFGate} Snapchat might finally… Read Full Article