Buy Now Pay Later

Often referred to as BNPL, Buy Now Pay Later is a method through which consumers can purchase goods without paying the full price upfront, opting instead to pay in installments. Debt, credit, or lending? The jury is still out. But no matter how you slice it, it’s become mega-popular in recent years with the rise of Klarna, Afterpay, and Affirm to name a few. Here’s a bit more on it.

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