Use 'buy now, pay later' services prudently
Such schemes should never be used at the expense of long-term financial goals
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Tan Siew Lee
Say "buy now, pay later" and you may think of consumers buying everything from laptops to sneakers without having to pay for the items in one go. These short-term, point-of-sale "loans" are offered to customers in stores, often at the checkout point.
They are often interest-free and offer to help you break up the price of your purchase into three or four instalments.
