Are there any hidden fees in “buy now, pay later”?

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mosartimol mowenoh134 answered

Hi guys! I have a question for you guys. I see ads everywhere . It sounds too good to be true. Is it really worth it? Are there any hidden fees or risks I should be aware of?

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MousKopert MousKopert answered

Some providers do charge late repayment fees, but if you ensure you never miss a payment, using BNPL shouldn’t ever cost you a penny. While the idea of spreading your costs for free over a number of weeks might seem like a good one, make sure you’ve always got a plan in place for repaying what you owe.

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