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While shopping online, you may have noticed 'buy now, pay later' purchase options that break up the cost of an item into interest-free installments. It's sometimes called 'digital layaway,' except that your item is shipped to you right awayâ"what's not to like? Well, these loans can make shopping a little too easy, andâ¦
Source : https://twocents.lifehacker.com/are-buy-now-pay-later-retail-loans-a-good-deal-1845888111
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