Buy Now, Pay Later Isn’t Bad — But Be Careful

Those cheesy TV infomercials promising “three easy payments of $19.99” were quite ahead of their time. Though calling a toll-free number to buy as-seen-on-TV items is no longer in style, the idea of paying in installments remains popular thanks to a booming marketplace of buy now, pay later services. With companies like Affirm and Klarna,... Sara Rathner writes for NerdWallet.

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