Rich Girl Roundup: When to Avoid Using "Buy Now, Pay Later"—And When It Makes Sense
The Money with Katie Show
00:00
Risks and Misconceptions of 'Buy Now, Pay Later' Services
This chapter discusses the potential risks and drawbacks of using 'buy now, pay later' services, such as overspending, difficulty in tracking purchases, and the misconception about consumers' access to other forms of credit. They also highlight the impact of timely and late payments on credit scores.
Transcript
Play full episode
