buy now pay later

Buy now, pay later, or BNPL, is a type of installment loan. It divides your purchase into multiple equal payments, with the first due at checkout. The remaining payments are billed to your debit, credit card or bank account until your purchase is paid in full. These plans can come with interest and fees, though some plans, depending on the provider, charge neither. How does buy now, pay later work? During checkout, you’ll see an option to break up your total purchase and pay a smaller amount now, instead of the full balance. If interested, you’ll fill out a short application directly on the checkout screen. It may ask for… Read More

Continue Reading