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← The Decibel
What you need to know about Buy Now, Pay Later artwork

What you need to know about Buy Now, Pay Later

The Decibel
18:49
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Show notes

If you’ve bought something online recently, you’ve probably seen a payment option to spread out the purchase in installments. This is known as Buy Now, Pay Later and it’s popping up all over Canada with companies like Amazon, Adidas, Samsung and Sleep Country. But why is it all over the place all of a sudden? Finance reporter and columnist Tim Kiladze looked into it, and he explains where it came from, how it affects credit, and how it encourages people to spend more money. Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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What you need to know about Buy Now, Pay Later — The Decibel | Josplay Music