The payment option is booming among online holiday shoppers this year. But like any form of credit, it comes with drawbacks.

As Buy Now, Pay Later services surge in popularity this holiday season, financial experts say shoppers should tread carefully.

Buy now, pay later” transactions, which are essentially zero-interest, short-term loans, topped $1 billion for the first time ...

It’s hard to miss the buy now, pay later options becoming more common on the checkout pages of online stores, both large retailers like Amazon and Walmart, and small local businesses. Buy now, pay ...

GREENSBORO, N.C. — Buy Now Pay Later is so common that you can use it for anything and everything, from tonight's $30 pizza delivery to the new appliances that cost hundreds or thousands of dollars.

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. You’ve finally found the ...

Use of the flexible "buy now, pay later" method hit an all-time high on Cyber Monday, driving $1.03 billion in online ...

Consumer Reports warns that the small installment payments can add up quickly while late ones could affect your credit report ...

As the “buy now, pay later” trend becomes more popular, it is having a greater impact on traditional lending and credit scores. If you are not familiar, buy now, pay later (BNPL) is a type of ...

Clicking the "pay later" option at checkout could start impacting your credit score in the coming weeks. In February, the credit scoring agency FICO announced it would begin factoring Buy Now, Pay ...

Remember when buy now, pay later (BNPL) loans felt like a secret shopping hack? "Split that $200 jacket into four easy payments and avoid credit card interest while keeping more cash in the bank." ...

Ashlyn Dager was 18 when she took out her first “buy now, pay later” loan. It had a 30% interest rate and almost no bearing on her credit score. Struggling with pain from a genetic disorder, she ...