We’ve seen the buy now, pay later trend in retail during the pandemic. Now, it’s getting more popular for travel too.
Companies including Uplift, Affirm, and Klarna offer these services that may be tempting with the uncertainty on the exact timing of when it will be safe travel again.
Also appealing is the thought of spreading out the cost of your purchase by not having to put it on a credit card. But you need to know what you’re getting into.
“The number one rule is to be really conscious of the specific terms that you are being offered, because in some cases, this is even higher than you might get on a credit card. The average credit card rate is 16%, so a lot of times people gravitate to buy now, pay later because they’re afraid of…