What You Need to Know About Apple’s Buy Now, Pay Later Feature

Earlier this week, at its Worldwide Developers Conference, Apple announced the release of a new feature called Apple Pay Later — a type of “buy now, pay later” plan. The feature lets users divide Apple Pay purchases into equal installments at zero cost. Though there have been rumors of a cooling-off period for the explosive … Continued

The Pros and Cons of Debt Consolidation

If you have multiple streams of debt, like high-interest credit cards, medical bills or personal loans, debt consolidation can combine them into one fixed monthly payment. Getting a debt consolidation loan or using a balance transfer credit card can make sense if it lowers your annual percentage rate. But refinancing debt has pros and cons … Continued

Should You Choose a Point-of-Sale Loan to Gift Now and Pay Later?

A point-of-sale loan lets you break down a purchase into a series of smaller payments, so you can buy now and pay later. In recent years, point-of-sale financing has rapidly expanded in the United States, with lenders like Klarna, Afterpay and Affirm now partnering with major retailers, including Macy’s, Bed Bath & Beyond and Walmart, … Continued