UW News

Ed deHaan

November 16, 2022

Q&A: How ‘Buy Now Pay Later’ impacts financial health

Two cartoon hands reaching out of separate laptop screens with one holding a credit card and the other holding a shopping bag

Ed deHaan, associate professor of accounting in the University of Washington Foster School of Business, studies the impact of Buy Now Pay Later on financial health. His research finds that BNPL users faced rapid increases in bank overdraft charges and credit card interests and fees.