Andy Tegel
LifeKit reporter who researched and reported this episode on Buy Now, Pay Later loans, explaining how they work, risks, and expert advice.
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Feb 20, 2025 • 18min
Buy now, pay later loans are becoming more popular. Here's what to know
Andy Tegel, a LifeKit reporter who researched Buy Now, Pay Later loans, breaks down how these services work and who uses them. He covers approvals, how companies earn money, checkout behavior, dangers of missed payments, and practical tips for using BNPL responsibly. Short, clear takes on risks, credit effects, and what to watch for when splitting payments.
