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AfterPay: the advantages & cons of pay later schemes

Tuesday, January 21st, 2020

Pay later schemes permit you to spend an item off over many weeks, interest free. It’s being called “layby” for the 21 st century and will be considered a godsend for a lot of, but in addition has prospective stings within the end.

These re re payment schemes give customers a brand new option to charge cards, where cardholders receive a particular amount of interest-free days before interest is charged on the acquisitions. With charge cards your entire purchases get into one pool which means you can’t tell your self you’ve paid a specific product down, until you clear the whole bill. [more…]