The reality of ‘buy now, pay later’ apps

Oct 08, 2024

Throughout December last year, a newer player in the personal lending industry gained a lot of traction and popularity. ‘Buy now, pay later’ loans saw a massive uptick over the holidays in 2023, and many users are now reporting struggles in keeping up with their debt balances. This week, I want to discuss the reality of using these apps – and whether you should consider using (or ditching) them.