Buy-Now, Pay-Later Market Explodes as Mainstream Finance Integrates

BNPL, where you pay for things in installments, is growing fast.

You can buy things like burritos and Coachella tickets now and pay later.

It's become a big business, even though some people think it's a little silly.

Many companies, and even banks, are getting involved.

It is also being used in loans for businesses.

Though it's popular, there are questions about whether it encourages too much borrowing, but so far, people aren't missing payments as often as with credit cards.

In fact, paying with BNPL can sometimes even improve your credit score.