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When to use buy now, pay later services

Financially Inclined

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The Risks of Using a Credit Card

I use TikTok a lot as a lot of people did, especially during quarantine. Why are these services so popular and why are they so pervasive, especially among Gen Z? You feel like these things are better because they advertise on their face, no late fees, no interest. There are risks that you get into when using these services, even if it seems a little less risky on its face.

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