Buy now, pay later programs are everywhere. Unlike layaway programs, buy now, pay later programs let you purchase goods ...

"It's a slippery slope when you start doing buy now, pay later for food delivery orders, or even a vacation," Kiernan said.

Buy now, pay later is a common tool to help shoppers purchase things like consumer electronics and furniture. But can this short-term financing method help people pay for expensive weight-loss drugs?

You might be tempted to choose the 'buy now, pay later' option that's offered at checkout on many travel websites, including Carnival or Expedia. These point-of-sale loans are seductive to ...