The “buy now, pay later” transaction is simple: Shoppers are offered an installment loan at the point of purchase, spreading the cost of the product across several payments. They’re often available without a credit check. Buy now, pay later financing has become a go-to payment method at most major retailers for everything from clothing and…
The article Is ‘Learn Now, Pay Later’ Just Another Student Debt Trap? originally appeared on NerdWallet.
https://www.nerdwallet.com/article/loans/student-loans/is-learn-now-pay-later-just-another-student-debt-trap
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