'Eat now, pay later'? DoorDash-Klarna deal fuels concerns around loans for takeout
The food-delivery app and installment lender say they’re offering a flexible alternative to high-interest credit cards. Some see it as a sign of hard times.
DoorDash and Klarna are joining forces to let users pay for meal deliveries with installment loans, calling it “essential to meeting our customers’ needs.” Not everyone sees it that way.
The announcement has drawn a flurry of criticism on social media, less directed at the companies themselves than questioning what the need to use a “buy now, pay later” service for food orders says about the increasingly debt-ridden economy.
“Eat now, pay later? A credit apocalypse is coming,” an X user wrote Thursday when the partnership was announced.
Another X poster used a photo of a forlorn-looking Dave Ramsey, the personal finance pundit, with the caption, “what do you mean you have $11k in ‘doordash debt’.”
Others whipped up “Sopranos” memes, quipping about “DoorDash debt collection outside your door because you missed a Chipotle payment.”
Rating: 5