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LA Times Today: Buy-now-pay-later apps target young, debt-laden consumers
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LA Times Today: Buy-now-pay-later apps target young, debt-laden consumers

Watch L.A. Times Today at 7 p.m. on Spectrum News 1 on Channel 1 or live stream on the Spectrum News App. Palos Verdes Peninsula and Orange County viewers can watch on Cox Systems on channel 99.

Buy-now-pay-later apps are taking off among young consumers.

But this updated version of the traditional layaway plan could mean big trouble for a generation already struggling with high debt and poor credit.

Former L.A. Times Washington bureau intern Sasha Hupka joined us with more.