If you’ve bought anything online recently, you might’ve noticed online retailers offering the option of Buy Now, Pay Later Loans when you click to check out.
This type of loan—also known as a point-of-sale loan—gives you the option to pay off your purchase with bi-weekly or monthly payments over a period of time. Unlike credit cards, many Buy Now, Pay Later Loans (BNPL for short) offer 0% interest and no penalties for late payments.
On the surface, this can sound like a pretty attractive option; especially if your online cart is loaded with big-ticket items such as furniture, gifts, or household goods. However, it’s important to be aware of how BNPLs can impact your credit score before deciding to use this option.
There are plenty of reasons that you may need some extra cash ASAP—and a personal line of credit can help you get it while also potentially helping your credit score.
A personal line of credit from GNCU is the perfect option to help you consolidate your debt, protect your account from overdrafts, or lend a hand with unexpected life events, like a sudden auto repair or pet illness.
With a personal line of credit, you get instant access to your available credit when you need it.
Member service representative, Edith Flores, loves animals. She wanted to turn that passion into action and find a way to help all the animals at the Nevada Humane Society as they wait to find their forever homes. With a goal of raising $3,000, Edith got creative, and with the help of Greater Nevada employees and community members, Edith reached her goal.