Gone are the days of installment payments. The years of waiting to pay off the purchase before taking it home are over. Consumers can now use a variety of buy now, pay later (BNPL) apps to purchase the product they want with a down payment and make the remaining payments over time as they use the product . Although this concept has only recently revolutionized online shopping, it has been around for a while. Home shopping TV channels like QVC and HSN have had installment options available for years. warn? You can only pay in installments exist Those home shopping channels.
Now, with BNPL options available across retailers, the free and downloadable BNPL app makes it easy to spread your payments. Here’s a first look at seven of the best apps, all of which you can access on your desktop or mobile device:
With so many choices, it can be hard to know which one will best suit your shopping habits. To help you choose the best BNPL app for you, we’ve answered your frequently asked questions in detail ahead of time, such as how many payments are offered using the app? Will signing up affect my credit score? Does the app charge interest? There is more.
