Two Cents

Are Buy Now Pay Later Loans a Good Idea?

Buy Now Pay Later loans are one the hottest new trends in the world of financial technology, touted as a less risky alternative to credit cards. Using one of several major apps, you're only asked for a fraction of the price at the point of sale, and the rest is paid off in a few biweekly installments. Sounds too good to be true - that's because it is!