Buy Now, Pay Later checker
Buy Now, Pay Later (BNPL)A way to split a purchase into a few payments, often 4 payments over 6 weeks. Many plans charge no interest, but most charge late fees.More in the glossary (BNPL) splits a purchase into a few smaller payments. Many plans charge no InterestThe price of borrowing money. You pay interest when you borrow, and you can earn interest when you save.More in the glossary, but most charge a fee if you pay late.
Enter a purchase to see each payment, when it's due, and what it could cost if a payment is missed.
Your results
- Each payment
- $60
- Total you pay
- $240
- Interest
- $0
| Payment | When | Amount |
|---|---|---|
| 1 | First payment (often at checkout) | $60.00 |
| 2 | 2 weeks after the first | $60.00 |
| 3 | 4 weeks after the first | $60.00 |
| 4 | 6 weeks after the first | $60.00 |
If you miss 1 payment
- Late fees
- $10
- Bank fees
- $35
- Total with fees
- $285
What this means
- You'd pay $60 every 2 weeks, 4 times. The last payment is due 6 weeks after the first.
- This plan charges no InterestThe price of borrowing money. You pay interest when you borrow, and you can earn interest when you save.More in the glossary. If every payment is on time, you pay just the price.
- Missing 1 payment would add $45 in fees. That's like paying 19% more for what you bought.
- Many plans take each payment from your debit card or bank account by themselves. If the money isn't there, your bank may charge a fee on top of the plan's late fee.
- Some BNPL companies report your payments to the credit bureaus. If yours does, a late payment can hurt your Credit scoreA three-digit number that shows lenders how likely you are to pay back money you borrow.More in the glossary.
- It's easy to lose track of several plans at once. Add every payment to your budget before you buy.
Worried about a payment? Contact the company before it's due and ask what your options are. Read the plan's rules before you buy, because fees are different for every plan. If something goes wrong, you can file a complaint with the CFPB.
Where to get free help
- Submit a complaint to the CFPB
Having a problem with a bank, lender, credit card, or debt collector? The Consumer Financial Protection Bureau sends your complaint to the company for a response.
- Nonprofit credit counseling (NFCC)
A certified credit counselor can go over your budget and debts with you, for free or at low cost.