1. Home
  2. Chat
  3. Buy Now, Pay Later?

Buy Now, Pay Later?

Other

Does anybody know how buy now pay later works? I see it on a lot of websites and I don't know how it would work...

RoryHutchison
2 years ago
What do you think of this?
Lynibis
Lynibis2 years ago

Buying on credit i assume.

Like
Reply
BW07
BW072 years ago

Usually they give you a year in most cases. You buy now sometimes with or without a deposit and then you have until the end of said period to pay in full.

If not then you will automatically land onto monthly payments until paid off with a percentage. The watchout is that this interest starts when you buy it and not when the pay later period ends. They call it interest bearing as it builds up even if you pay it off in time but is only added once you hit the monthly installments.

Like
Reply
One of the UK's largest deal hunting communities

Join for free to get genuine deals, money saving advice and help from our friendly community

Kelsey, Tom
& Deepak
Founders
Founders of Latest Deals
We use cookies (e.g. personalisation, analytics, social media). Find out more.