Friendly Lender

Buy Now, Pay Later: Risky or Beneficial?

bnpl

Overview Buy Now, Pay Later (BNPL) plans reimagine the layaways and installment plans of the early 20th century for the modern-day online shopper. Layaways allowed customers to reserve a product by making a deposit, but the customer would only receive the product after paying the remaining installments. Meanwhile, installment plans allowed customers to acquire a […]