Is BNPL a smart choice or a dangerous debt trap? Explore the risks and rewards | Mint

Is BNPL a smart choice or a dangerous debt trap? Explore the risks and rewards | Mint

Source: Live Mint The emergence of Buy Now, Pay Later (BNPL) services has completely transformed our purchasing habits. BNPL has become a very attractive alternative to conventional credit cards by offering interest-free payments and instant gratification. While it allows for flexibility and ease for temporary transactions, misuse of this payment option can seriously jeopardise your…

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Credit Cards or BNPL: Which short-term financing option is right for you? | Mint

Credit Cards or BNPL: Which short-term financing option is right for you? | Mint

Source: Live Mint Short-term finance options have increased in popularity in the fast-paced world of today. Credit cards and Buy Now, Pay Later (BNPL) services are among the most popular options. Let’s examine the main distinctions between these two choices so that you may make well-informed decisions regarding your financial requirements. What are credit cards?…

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