How buy now, pay later services became a popular target for fraudsters, sometimes helped by companies having a loose underwriting process for applications (Matthew Goldstein/New York Times)



Matthew Goldstein / New York Times:

How buy now, pay later services became a popular target for fraudsters, sometimes helped by companies having a loose underwriting process for applications  —  Seung Song said his identity was stolen and used to buy $5,000 worth of gun components from an online dealer using a buy now, pay later service.



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