2min chapter

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Buy Now, Regret Later? Decoding BNPL and Layaway Payment Plans

NerdWallet's Smart Money Podcast

CHAPTER

Exploring Layaway and Buy Now, Pay Later Payment Options

This chapter explores the evolving payment options for consumers during the holiday shopping season, highlighting the differences between traditional layaway and modern buy now, pay later (BNPL) plans. It also examines consumer spending trends, particularly among younger generations, showcasing the rising popularity of BNPL options during festive shopping.

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