business
 






 

Question by  Mishari (2)

Is "buy now, pay later" a good deal?

I feel like there must be a catch.

 
+6

Answer by  technogeek (6640)

Buy now, pay later is simply credit. The catch to credit is that if you do not pay later, then you will negatively effect your credit report and your ability to make purchases in the future.

 
+5

Answer by  barkley (951)

Some companies give you a certain time to pay with no interest, in most cases that is a good deal because you can use their money - keep yours invested.

 
You have 50 words left!