Are ‘buy now, pay later’ services too good to be true? - News Summed Up

Are ‘buy now, pay later’ services too good to be true?


These companies, including Afterpay, Klarna and PayBright, let you buy now and pay later, often in four instalments two weeks apart. No fees, no interest, and that big order of makeup or loungewear won’t hit your credit card all at once. By the numbers 44% Survey respondents who use buy now, pay later services. Moorhouse said a buy now, pay later service may be a good idea in an emergency, say your phone or your oven break and need replacing. But make sure you’re not signing up for something you can’t pay for later.


Source: thestar November 15, 2021 20:01 UTC



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