Buy Now Pay Later is a trap

People who do "Buy now pay later" - you are taking a loan. From a financial institution. Which, if you default, will hit your credit score.

Even if you don't use it and just register, a loan is created in your name which is available "on demand". Just be aware.

People who do "Buy now pay later" - you are taking a loan. From a financial institution. Which, if you default, will hit your credit score.

Even if you don't use it and just register, a loan is created in your name which is available "on demand". Just be aware. more  

Very important information indeed! more  
Many a times you are not able to pay lump sum, but you can pay the same amount in Instalments of say 6 months or 1 Year. This will lessen your burden and is beneficial to both Consumer and Supplier. more  
Thanks for clarifying this! more  
Why don't the people buy only if they really need and without which survival is in question, rather than going for loans and advances which in most cases cannot be fulfilled more  
Post a Comment

Related Posts

    • DOES THE VULGURITY IS THE MATTER OF MIND ?

      Dear Parvati, Thanks and regards for your concern about the vulgar ads. Today, it is not only the matter of IPL but you open any channel and you will find these things everywhere.The extreme ...

      By KUNAL PARADKAR
      /
    • Vulgar ads during IPL

      I don’t understand why this asci and consumer affairs ministry are such big failures in regulating vulgar and surrogate ads. Children are watching IPL matches and these models in l...

      By Parvati Sharma
      /
    • Ola uber have become autod

      Why should I pay an extra 100-150 bucks for a cab when they're just like autos, without ACs because drivers won't turn them on? Seriously, what's the incentive to choose cabs anymore?

      By Anshu Saxena
      /
    • Fire the advertising association

      See the kind of ads that are being given in news papers. The advertising association in India fails to act as usual as 90% advertisers dont care about them. Govt regulator needs to get really activ...

      By Sobhita D
      /
    • Go air needs to be booked for violating DGCA order.

      Instead of giving cash refund for cancelled flights Go Air is issuing credit notes despite DGCA order. Passengers want money back not their lame credit notes.

      By Dipali Yadav
      /
    • Shameless celebrities of India

      Money perhaps is most important in life.Amitabh Bacchan had once said he is canceling his contract yet we still see him everyday on the screen. No offence meant to any of these personalities but it...

      By Krishnan Venkatachalam
      /
    • Shameless celebrities of India

      It has come down to Sunil Gawaskar and Virendra Sehwag now advertising for Kamla pasand after we raised hell about Shahrukh, Akshay Kumar, Ajay Dewgan and Amitabh Bachchan. And consumer...

      By Mala Sehgal
      /
    • Surrogate and Inappropriate advertising

      Front page of newspaper yday advertising pan masala and gutka. With areca nut being a proven carcinogen and a psychoactive compound. Will our authorities please do something and save the lives of ...

      By Ruchika L Maheshwari
      /
    • Are competitive coaching institutes misleading students

      And parents. See attached, all the top institutes claiming that the same topper students studied at their institute. Parents and students looking at 1 ad at a time get misled.

      By Sneha Goyal
      /
    • Loot in India on iphones

      IPhone 14 Pro max price in Official Apple store, in Thailand is 45k bhat = INR 1.07 lakh. Price in India = 1.4L. Difference of 33k will cover return air-fare. Why do you ...

      By Ruchika L Maheshwari
      /
    • Mahindra Car Manufacturing defects issues

      I am a customer of Mahindra Scorpio N Vehicle and it is having Manufacturing defects from Day 1, Company dealers are doing trail and error and problem is not solved yet. They are spoiling vehicle w...

      By GIRISH M R
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)