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‘Buy now, pay later’ schemes are getting popular amid COVID-19 pandemic, but these are debt traps


07 April 2021 10:18

‘Buy now, pay later’ schemes are getting popular amid COVID-19 pandemic, but these are debt traps. This article is published at 07 April 2021 10:18 from MoneyControl India Personal Finances Updates, click on the read full article link below to see further details.


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Tags : ‘Buy, later’, schemes, getting, popular, amid, COVID, pandemic, these, debt, traps





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Personal Finance news, Buy now, pay later schemes may sound convenient as it allows you to bunch up payments, much like a credit card. But if left unchecked, late payment charges and interest costs can burn a hole in your pocket