Until recently, if you wanted to buy something you couldn’t afford upfront, you reached for a credit card or took out a loan. Now, when you get to the checkout, you are likely to be faced with other options, including buy now, pay later (BNPL).
With so many ways to borrow, the true costs and complexities aren’t always clear. Which option will actually save you the most money in the long run? And how might each option affect your credit score? We spoke to financial experts to get some answers.
