“Buy now, pay later” promises simple payment plans that can make financing your next purchase easy and affordable. These plans typically divide your total purchase into four equal installments with zero interest. The first installment is due at checkout, and the remaining three are due every two weeks until the loan is paid in full….
The article Avoid the Risks of Having Multiple Buy Now, Pay Later Loans originally appeared on NerdWallet.
https://www.nerdwallet.com/article/loans/personal-loans/risks-of-multiple-buy-now-pay-later-plans
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