Inflation has caused many Americans to tighten their spending belt, causing buy now and pay later programs to become more popular. But, there are plenty of pitfalls.
Buy Now Pay Later programs are short-term installment loans often without interest. They are most popular among Gen Zers, parents with young children, millennials and men.
But as Ben Thompson explains, there are pitfalls to beware of: https://www.wcnc.com/article/money/bu...