For many consumers, the ease and flexibility of spreading payments over a longer period of time makes “buy now, pay later,” or BNPL, plans appealing. Add in the possibility for lower interest rates, and BNPL is becoming an increasingly popular alternative to using a credit card. According to a 2021 study by C+R Research, 56% of…
The article Is Buy Now, Pay Later Really Better for Me Than a Credit Card? originally appeared on NerdWallet.
