Installment plans with a "buy now, pay later" spending model have become popular in recent years -- and they'll probably gain more favor as the pandemic economy continues to shake up many households.

BNPL plans look simple, but hidden costs and credit risks can quietly turn small purchases into bigger problems.

Paying in installments sounds great in theory. You have the luxury of purchasing something you desperately need in a pinch without having to make significant changes to your lifestyle. But in practice ...

If you've shopped online at Apple, Best Buy or another major retailer, you may have seen the option to select PayPal Pay in 4 at checkout. Pay in 4 is PayPal's buy now, pay later service that lets ...

PayPal on Monday announced that it is offering short-term installment plans for U.S. users. As part of its new "Pay in 4" service, merchants can provide customers with the option of paying for ...

Installment payment providers have gained meaningful traction in the US market over the past 12-18 months. COVID-19 has created uniquely favorable tailwinds for these players that should accelerate ...

SAN FRANCISCO--(BUSINESS WIRE)--Visa (NYSE: V) is making it easier to provide shoppers the ability to choose how they pay before, during or after purchase with the introduction of a suite of Visa’s ...

ST. PAUL, Minn.--(BUSINESS WIRE)--Affinity Plus Federal Credit Union is now offering its members an installment-payment option on qualifying credit card purchases, giving them affordability and ...

Splitit, a monthly installment payment solution provider, has raised $8.6 million through its initial public offering, which valued the company at $38.7 million. Splitit provides retailers with ...

An installment loan lets you borrow a set amount that you repay with interest over a period of months or years. This page includes information about these cards, currently unavailable on NerdWallet.