FinCap Friday: Buy Now, Pay Later
New age "layaway" payment plans are taking over the shopping world! "Buy Now, Pay Later" loans as they are called (also called point-of-sale loans) are available now more than ever before as more and more customers turn to e-commerce and online shopping for their needs and wants. The most popular companies that offer these types of loans are Affirm & Afterpay. These loans allow customers to buy products now & pay later. But consumer advocates say to be very careful! Why the words of caution? Find out this and more in our latest episode of FinCap Friday:
If you're short on time, try our simplified No-Tech option containing embedded questions right in the slide deck!
Check out all of our FinCap Friday episodes here. They're not date-dependent so any of the 100+ in our catalog dating back to August 2018 can work throughout the coming year!