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Buy Now Pay Later

Browse Investopedia’s expert-written libr༒ary to learn more abo🔯ut this type of installment loan.

Buy Now, Pay Later: Short-term financing that allows consumers to make purchases and pay for them over time, usually with no interest.

Buy Now, Pay Later (BNPL): What It Is, Ho﷽w𓃲 It Works, Pros and Cons

Updated Mar 05, 2025

Revolving Credit vs. Installment Credit

Revolving Credit vs. Installment Credit: What's the Difference?

Updated Mar 20, 2023

Pros and Cons of Installment Loans

How Installment Loan⛦s Work—and Are They Right f🥃or You?

Updated Feb 27, 2023

Woman using BNPL

Klarna: Whaﷺt It Is and How Its Buy Now, Pay Later S🦩ervice Works

Updated Jun 01, 2023

A woman sits at a counter in an apartment with a laptop and smartphone.

Best Buy Now, Pay Later Apps

Updated Apr 08, 2025

Credit & Debt

Best Credit Repair Companies Definitions A - M Definitions N - Z Building Credit Debt Management