Buy Now, Pay Later: an Effective Payment Plan

Last Updated:
April 19, 2022
Author:
Brian Wallace

In the post-pandemic world of 2022, many Americans are still battling the repercussions of the economic fallout from COVID. Hours have been cut, jobs have been lost, and the cost of living has reached all new heights! We are struggling, to say the least. 

 

Sadly, the financial difficulties many of us are facing are now on such a basic level (ie. food and gas) that things such as medical bills for either us or even our pets can seem entirely overwhelming. In the past we may have resorted to loans or credit cards, but many of us have already done so for other purposes, and these are no longer viable options. 

 

Fortunately, there is another solution which has been gaining traction since 2020; BNPL (buy now, pay later.) This solution may actually have been a better one than credit cards and loans all along, but it’s only recently been available for things like dental or veterinary bills. 

 

With BNPL, there are no hidden fees and no interest. The initial cost is the final cost and consumers know exactly what they’re signing up for. Add to that the flexibility of being able to pick a payback plan that fits within the consumer’s budget, and you get a perfect solution to keeping teeth and pets healthy without having to sacrifice a good financial standing. 

 

In a time of economic uncertainty, strain, and overall stress about everything life entails, it’s great to know that not everything has to suck the life out of us and some options are actually for our benefit.

Buy Now, Pay Later
Source: Opy.com

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