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PayPal will stop charging late fees for Pay in 4 purchases in the US starting on October 1st..

Americans take to 'buy now, pay later' shopping during pandemic Nearly 40% of U.S. consumers who used buy now, pay later have missed more than one paymentPremium 6 min read . Updated: 08 Feb 2021, 06:59 AM IST Reuters The ease with which many shoppers can make purchases is worrying some regulators around the world Share Via Read Full Story When Leondra Garrett wanted to stock up on three new pairs of shoes early last year, the North Carolina resident split a $161 online purchase into four installments through a "buy now, pay later" service, in what seemed like a convenient deal. Now, she ad...

8 Min Read (Reuters) - When Leondra Garrett wanted to stock up on three new pairs of shoes early last year, the North Carolina resident split a $161 online purchase into four installments through a “buy now, pay later” service, in what seemed like a convenient deal. FILE PHOTO: A shopper wearing a protective mask tries on clothes at a retail store following the outbreak of the coronavirus disease (COVID-19), in New York City, New York, U.S., July 5, 2020. REUTERS/Jeenah Moon/File Photo Now, she admits she should have read the small print about missed payments. When the buy now, pay later ...