Are 'Buy Now, Pay Later' Retail Loans a Good Deal?
by Mike Winters on Two Cents, shared by Mike Winters from Lifehacker on (#5BPHS)

While shopping online, you may have noticed buy now, pay later" purchase options that break up the cost of an item into interest-free installments. It's sometimes called digital layaway," except that your item is shipped to you right away-what's not to like? Well, these loans can make shopping a little too easy, and...