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  
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