The Whitehall Ledger - Serving Southern Jefferson County in the Great State of Montana

Buy now pay later services are responsible for $100 million in annual transactions and have quickly become a go-to financial tool for millions of Americans. Although these options provide an easier way to make purchases, they aren’t without risks.

“People love the convenience, but there remains a lot of misunderstanding surrounding BNPL services and their impact on people’s financial lives,” said Amy Maliga, a financial educator with Take Charge America, a nonprofit credit counseling and debt management agency. “With that confusion, it’s easy to miss the potential risks. That’...