With more young adults without established credit, making it more difficult for them to get credit cards, more mainstream retailers are starting to offer any number of “buy now, pay later” options that in the past might have been available only at niche retailers. Customers get the items right away and then pay them off in installments until they own them. The terms, fees and interest rates vary by program.
For Best Buy, it’s one more way to reach consumers.. . . more