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New Survey shows more people relying on ‘Buy Now Pay Later’ payment plans

Buy now, pay later FILE PHOTO. (BALLS/Getty Images/iStockphoto)

BEAVERCREEK — A new survey found that more people are relying on ‘buy now pay later’ payment plans for everyday purchases.

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News Center 7’s Xavier Hershovitz breaks down what you need to know before getting into a ‘buy now pay later’ plan. Catch his report on News Center 7 at 5:00 p.m.

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‘Buy Now Pay Later’ options are popping up just about everywhere.

Options like Klarna, After Pay, and Affirm have exploded in popularity, resulting in some retailers accepting them online and in-store.

“It was very helpful for me when I needed to get some new equipment. I could purchase the equipment I needed, but just pay in chunks,” Anthe Kelley, a shopper who used ‘buy now pay later’, said.

We will update this story.

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