Buy now, pay later (BNPL) sounds like a great concept -- split up your payments, no interest, no worries. But behind the shiny checkout button lie some sneaky commonly-reported issues.

Buy now, pay later programs allow you to purchase items without paying for them all at once. When shopping online, you can usually get approved for BNPL within a few seconds at checkout. However ...

Services that split up payments into installments are increasingly popular, especially among young and low-to-middle income ...

Buy now, pay later (BNPL) options are becoming ubiquitous. You can opt for a payment plan when buying a big-ticket item like concert tickets. In fact, more than half of Coachella attendees chose ...

And I think 'buy now, pay later' is a button you can click at the end to make it that much easier to afford those things," said Harris. Harris said lifestyle subsidies are not new.

Buy now, pay later is exactly what it sounds like — a short-term financing option that lets consumers buy an item and pay it off over time in multiple, typically interest-free installments.

How buy now, pay later options at Walmart could get easier after the retailer traded Affirm for Klarna. Kiplinger. Save up to 74%. Subscribe to Kiplinger.