Unlock the Secrets
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Questions and Answers

Which of the following is NOT mentioned as a popular 'buy now, pay later' service?

  • Zip (formerly Quadpay)
  • Venmo (correct)
  • Klarna
  • Sezzle
  • What is the benefit of using 'buy now, pay later' services according to the text?

  • They offer a more convenient way to make online purchases (correct)
  • They don't require any down payment
  • They provide instant approval for loans
  • They allow you to get goods for free
  • What are 'buy now, pay later' services also known as?

  • Point-of-sale loans (correct)
  • Online marketplaces
  • Influencer marketing platforms
  • Credit cards
  • Which social media platforms heavily market 'buy now, pay later' services?

    <p>TikTok and Instagram</p> Signup and view all the answers

    What is the recommended number of payments to complete for 'buy now, pay later' services?

    <p>Four</p> Signup and view all the answers

    Which of the following is NOT mentioned as a 'buy now, pay later' service?

    <p>PayPal</p> Signup and view all the answers

    What is the recommended number of payments to complete for 'buy now, pay later' services?

    <p>Four</p> Signup and view all the answers

    What are 'buy now, pay later' services primarily marketed by on social media?

    <p>Both influencers and brands</p> Signup and view all the answers

    What is the main advantage of using 'buy now, pay later' services?

    <p>Avoiding the need to enter credit card information repeatedly</p> Signup and view all the answers

    What is the name of the Florida rapper mentioned in the text?

    <p>Saucy Santana</p> Signup and view all the answers

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