Is buy now, pay later bad news or savvy spending?

Is buy now, pay later the demon it’s made out to be?

Klarna, Laybuy and the rest of the delayed spending crew are coming in for lots of scrutiny at the moment.

Shoppers love them and shops pay them, but there are concerns on over-spending and the cost of not meeting payments.

Yet, surely spreading the cost of a purchase interest-free is a sensible financial move?

On this week’s podcast, Georgie Frost, Lee Boyce and Simon Lambert discuss the rise of the buy now, pay later firms, how they work, how they make their money on interest-free credit, and why there are worries over what on the surface looks like a great deal.

On the topic of shopping, the team also talk trying to avoid Amazoning everything this Christmas – and where to turn to get things from local shops with convenience.

Also, on this week’s show they look at why the Bank of England held interest rates even as more tiers pain descended on Britain, the website that matches start-up ideas and the people who can do the work and finally Grace Gausden joins the show to discuss her Grace on the Case consumer column.