If you are shopping online, Buy Now Pay Later (BNPL) can seem like the quickest and easiest way to pay for your purchases. However, lots of people don’t realise they are a form of credit, so you need to think carefully before using BNPL, especially if you are starting to use these products to cope with the increased cost of living.

Credit is an important tool when used and managed well.  It is crucial that people understand what they can afford and have a plan to pay it off. Missing a payment will negatively impact your credit score and could affect your ability to get credit in the future.

Please scan the QR code to read “What is Buy now Pay Later” or use this link https://www.moneyhelper.org.uk/en/everyday-money/types-of-credit/what-are-buy-now-pay-later-purchases

Please can the QR code to red “Struggling to clear Buy Now Pay Later payments or use this link – https://www.moneyhelper.org.uk/en/money-troubles/dealing-with-debt/struggling-to-clear-buy-now-pay-later-payments