What to Know Before Using Buy Now, Pay Later Financing
by Kate Dore on Two Cents, shared by Kate Dore to Lif from Lifehacker on (#57QK9)

The concept of Buy Now, Pay Later has been around since the Great Depression. Layaway shopping, which mostly disappeared during the 1980s, involved making a small deposit and installment payments before taking your purchase home. Although layaway made a brief comeback during the Great Recession, it has since been...