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Are Buy Now Pay Later Loans a Good Idea?

Season 6 Episode 5 | 7m 01s

Buy Now Pay Later loans are one the hottest new trends in the world of financial technology, touted as a less risky alternative to credit cards. Using one of several major apps, you're only asked for a fraction of the price at the point of sale, and the rest is paid off in a few biweekly installments. Sounds too good to be true - that's because it is!

Aired: 05/02/23
Extras
Is a humanities degree worth it?
How does the dollar's value impact us?
Should we tax tips?
Why people fall for financial scams.
How to lower your car insurance!
Knowing your income and expenses is just the beginning...
Be extra vigilant!
Are you ready financially?
How TVs and healthcare actually related!
New laws surrounded salary transparency could impact the leverage some workers have.
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Is a humanities degree worth it?
How does the dollar's value impact us?
Should we tax tips?
Why people fall for financial scams.
How to lower your car insurance!
Knowing your income and expenses is just the beginning...
Be extra vigilant!
Are you ready financially?
How TVs and healthcare actually related!
New laws surrounded salary transparency could impact the leverage some workers have.