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What You Should Know About Buy Now, Pay Later For Travel

Posted By ivanpw 727 days ago on Business

https://www.smbceo.com - The post What You Should Know About Buy Now, Pay Later For Travel appeared first on SMALL BUSINESS CEO.
The concept of “buy now, pay later” for travel is interesting. The basic idea is just as it sounds: purchase travel now, such as a flight or hotel stay, and pay for it over time. In essence, you’re securing a loan that a lending entity might call a point-of-sale loan.

We’ll talk about this concept in detail in the following article. We’ll also go over whether it’s a sensible idea if you’re thinking about traveling this year.
Why Consider a Point-of-Sale Loan?
Let’s say you’re at a financially stable point right now. Maybe you figured out the best way to consolidate credit card debt, and you’re making enough money to cover your regular expenses.…

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