Klarna backpedals after making a devastating mistake
It also has a very unusual solution in mind.
The idea of a consumer paying for a more expensive item over time has had many names over the years.
Many from the Boomer generation will think of layaway, which was introduced during the Great Depression in the 1930s. People were often strapped for cash, leading retailers to offer a program that allowed people to make payments over time for higher-ticket items.
