Four Reasons Not to Use ‘Buy Now, Pay Later’ for Your Prime Day Purchases

Four Reasons Not to Use ‘Buy Now, Pay Later’ for Your Prime Day Purchases

Amazon's biggest sale of the year is right around the corner. As you're checking out the deals during Amazon's super-sized Prime Day—which will take place from July 8 to July 11, twice as long as usual—you might be tempted by Amazon's "affordable monthly payment system." Also known as "buy now, pay later" (BNPL), its pitch is alluring: Buy what I need now, and pay later, "on my own timeline?" Yes please! But as convenient as it sounds, you shoul…