Tips to Help Manage Your Buy Now, Pay Later Loans

Tips to Help Manage Your Buy Now, Pay Later Loans
A customer buys Chinese made ginger candy at 99 Ranch Market, an Asian grocery store in Los Angeles, April 7, 2025. Damian Dovarganes/AP
The Associated Press
Updated:
0:00

NEW YORK—Between rising prices and dwindling job growth, using “buy now, pay later (BNPL)” on everything from concert tickets to fast food deliveries is becoming increasingly appealing. But greater use could also mean greater trouble, as more people fall behind on repaying these loans.

Buy now, pay later loans gained popularity during the pandemic, especially among young people. While these loans can help you make large purchases without paying interest or undergoing a hard inquiry in your credit report, they can also easily be overused.