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 (B)</p> Signup and view all the answers

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

<p>Four (B)</p> Signup and view all the answers

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

<p>PayPal (D)</p> Signup and view all the answers

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

<p>Four (A)</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 (D)</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 (A)</p> Signup and view all the answers

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

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

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