MINNEAPOLIS — The Mall of America marked its busiest Black Friday ever this year, drawing 235,000 visitors on Friday alone, mall officials said Monday. Between Wednesday and Sunday, more than 500,000 people passed through the mall’s doors.
With holiday shopping in full swing, many Minnesotans are turning to Buy Now, Pay Later (BNPL) lenders such as PayPal, Klarna, Affirm and Minnesota-based Sezzle to split their purchases into smaller payments. But state officials say the increasingly popular financing option may come with risks.
Minnesota Attorney General Keith Ellison announced he is joining a coalition of seven attorneys general examining whether BNPL companies are complying with consumer-protection laws and adequately disclosing fees and contract terms…