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Black Friday Shopping: The Rise of Buy Now, Pay Later

As the holiday season kicks off, many Canadians are taking advantage of Black Friday deals to get a head start on their shopping. One trend that has been growing in popularity is the “buy now, pay later” option offered by many retailers.

This payment method allows consumers to make a purchase and pay for it in installments, rather than all at once. It’s a convenient way to spread out the cost of big-ticket items over time, making them more affordable for many shoppers.

While it can be tempting to take advantage of these offers, it’s important to remember to budget carefully and make sure you can afford the payments. Missing payments can result in late fees and even damage to your credit score, so it’s crucial to stay on top of your finances.

As you navigate the Black Friday shopping season, keep an eye out for retailers offering buy now, pay later options. Just make sure to do your research, read the fine print, and make responsible financial decisions to make the most of this convenient payment method. Happy shopping!