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The Dangers of Buy Now, Pay Later

The Dangers of Buy Now, Pay Later

Buy now, pay later (BNPL) payment options has been gaining popularity in recent years, growing by 1,000% since 2019. It's a way for shoppers to purchase items online without having to pay for them upfront, essentially allowing them to spread out payments over time. Here are the potential risks associated with BNPL and how consumers can protect themselves.