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“It's easy to trick yourself into thinking it's only $50 here and $100 there, but those payments can still add up quickly.”

– Ted Rossman

56% of buy now, pay later users have experienced issues like overspending and missing payments

Buy now, pay later (BNPL) services are increasingly popular, and a new Bankrate survey found that 56% of BNPL users say they have encountered at least one issue while utilizing these services.
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National average banking rates

1 Year CD 1.75%
3 Year CD 1.41%
5 Year CD 1.43%
Savings Account 0.57%