Is buy now, pay later always a good idea?

Buy now, pay later services can make purchases feel more affordable, but are they always the right option? Learn how it actually works, the risks to watch out for and how to decide whether it makes sense for your finances. Visit our gender gap in financial literacy page: https://www.ecb.europa.eu/ecb-and-you/financial_literacy_europe/The-gender-gap-in-financial-literacy/html/index.en.html Learn more on this topic: https://www.bafin.de/EN/verbraucherinnen-verbraucher/themen-finanzprodukte/kredite-immobilienfinanzierung/kredite/buy-now-pay-later/buy-now-pay-later_node_en.html