Getting a point-of-sale loan

Here’s how it works, so when getting one is—and isn’t—a idea that is good

A point-of-sale loan might can be found in handy if you should be creating a purchase that is large.

A point-of-sale loan allows you to break a purchase down into a few smaller payments, in order to purchase now and spend later.

In the past few years, point-of-sale financing has quickly expanded when you look at the U.S., with loan providers like Klarna, Afterpay and Affirm now partnering with major merchants, including Macy’s M, +2.46% , Bed Bath & Beyond BBBY, -3.69% and Walmart, WMT, -0.81% to create the possibility to customers. Continue reading “Getting a point-of-sale loan”