We need a debate on the risks to young people of buy now, pay later services

The growth of short-term purchase installment services (Buy Now, Pay Later or BNPL) among younger consumers, with companies such as Klarna, Afterpay, Affirm, Tabby and many others vying for a place next to the buy button on the most popular online shopping sites, and encouraged by Instagram and TikTok influencers raises a host of social responsibility issues.