Can buy now, pay later survive the cost of living crisis?

When Julie first turned to buy now, pay later schemes in January, it seemed an obvious choice to handle bills. “Kids grow fast,” she says. “Splitting a payment into three chunks made sense so I could spread the cost of some new school uniforms.”

By the time the Scottish care worker, who asked not to give her full name, had paid that off, another bill had arrived for a school trip. She used buy now, pay later for that too, and for her…