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Buy Now, Pay Later plans offer an attractive, interest-free way to spread out payments for larger purchases, but they are not risk-free. Their current regulatory gaps, potential to encourage over-spending, and limited consumer protections make them a tool to approach with caution. Responsible use requires disciplined tracking, awareness of the risks, and sometimes opting for more secure methods of financing. As with any financial product, understanding the fine print and potential pitfalls is essential to avoid falling into debt traps that could impair financial health in the long run.