Credit: @TheMoneyCEO just dropped a GEM 💎. Follow him for more short-form financial content!
BNPL plans typically follow a pay-in-four model: your total purchase, divided by four, with each payment due two weeks apart. Buy Now Pay Later should be an option you really think twice about and consider before engaging. It sounds nice but definitely has some pros and cons.
Nerd Wallet wrote a great article discussing this and you can read it here 👉🏾 [ Ссылка ]
📍 4 Cons
1. Long Repayment Terms
2. Ease of Overspending
3. Unexpected Fees
4. Tricky Returns
There are a few Buy Now Pay Later Apps
1. Afterpay
2. Affirm
3. Klarna
4. Paypal Pay
5. Sezzle
6. Zip.co
#bnpl
