Major retailers such as Best Buy, and companies such as Apple, offer buy-now, pay-later options for customers. Best Buy offers six-and 12-month financing options, while Apple provides six-, 12- and 18-month financing choices for buyers, according to the company websites.Continue Reading
Best Buy's six-month pay-later policy applies to orders totaling at least $199, while the 12-month policy extends to orders over $399. Interest applies to the purchase if the balance is not paid off within that time period, per Best Buy.
Apple's pay-later offers come through their partnership with Barclaycard. Orders under $498 fall in the six-month category, while purchases between $499 and $998 get a 12-month pay period, states Apple. Orders of $999 and more receive 18-month promo periods before interest charges.Learn more about Credit & Lending