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5min chapter
11.04.24 INVESTING Update / Just Say NO To These Two Payment Plans
The Clark Howard Podcast
Dangers of Buy Now, Pay Later: A Cautionary Discussion
This chapter critically examines popular payment options such as 'pay in four' and '90 days same as cash,' revealing how they can trap consumers in debt. The speakers caution against these plans, warning of hidden fees and retroactive interest rates that can lead to significant financial distress.
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