What are the pros and cons of PayLater?
What are the pros and cons of PayLater? Like any payment method, buy now, pay later comes with some pros, like splitting payments, 0% financing and no credit check—and some cons, like fees, overdraft potential, possible financial overextension and missing out on rewards opportunities.
Why do people use PayLater?
The main benefit of choosing this option instead of other financing options, like credit cards and traditional loans, is that you get to pay off your balance interest-free.