Easy Credit: Buy Now Pay Later

"Buy Now, Pay Later" (BNPL) is a short-term financing tool that lets you split the cost of a purchase into smaller, often interest-free installments. While it is often marketed as "easy credit" because of its fast approval and lack of strict credit requirements, it functions as a loan that requires disciplined repayment to avoid fees and potential credit damage. 💳 How It Works Most BNPL services follow a standard "Pay in 4" model: 6 pros and cons of buy-now, pay-later loans - NPR