New research finds that people who use it the most tend to use it like a credit card, instead of a credit card. And that's regardless of income.
New research finds that people who use it the most tend to use it like a credit card, instead of a credit card. And that's regardless of income.One in five shoppers have now used Buy Now, Pay Later services like Klarna, Affirm and others that let people pay for purchases in installments over weeks.. Because these companies share little information with credit bureaus, there's a lot we don't know about how risky or beneficial their services are proving for people.
While credit cards charge interest if you don't pay the full bill at the end of the month, a typical Buy Now, Pay Later offer lets you pay for something in four or six installments interest-free — and doesn't require a credit check. Worth noting, the survey also finds that pretty much anyone who's used the service once will use it again.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
8 Best Things to Buy at Hobby LobbyDigital destination for sophisticated men & women. Live your best life with expert tips and news on health, food, sex, relationships, fashion and lifestyle.
Read more »
6 reasons to buy an Apple Vision ProThere are several benefits in choosing Apple Vision Pro , especially if you're an early adopter. Here are the six reasons to buy it.
Read more »
Tech company aims to buy old Fry’s Electronics site in San JoseA tech company whose sales are on the rise has struck a deal to buy a big San Jose site where a Fry’s Electronics store once operated.
Read more »
VC Firm General Catalyst Plans To Buy Ohio-Based Hospital Summa HealthI'm a senior writer at Forbes covering healthcare technology, and I also write the InnovationRX newsletter. I was previously a healthcare reporter for POLITICO covering the European Union from Brussels and the New Jersey Statehouse from Trenton. I was a 2019-2020 Knight-Bagehot Fellow in business and economics reporting at Columbia University.
Read more »
Why can’t I buy a refillable version of my favorite pen in the US?This is the predictable result of an internet rabbit hole. Pilot’s Precise V5 and V7 pens have a refillable cousin in Europe. Why not here?
Read more »
Walmart Shoppers Say Never Buy Great Value 'Ever'—Here's WhyDigital destination for sophisticated men & women. Live your best life with expert tips and news on health, food, sex, relationships, fashion and lifestyle.
Read more »