Understanding the risks of buy now, pay later apps

If going on shopping sprees or making large purchases feels easier than usual when using a BNPL service, you might need to do a double-take and ask yourself: Are you overspending? One of the primary financial risks of BNPL is that it may encourage you to spend significantly more than you normally would.

Link: Understanding the risks of buy now, pay later apps
via http://www.cnbc.com

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