Deferred payment or standard loan – what is it worth choosing?

Deferred payment or standard loan – what is it worth choosing?

Marcin Sikora, Chief Sales Officer at LOANDO Group, commented on the solutions of BNPL (buy now, pay later) in the portal filarybiznesu.pl.

“Deferred payments are a tempting option. However, remember to plan your expenses well and avoid a situation in which the lack of funds will make it impossible to pay off the liability after the predetermined period.”

“A safe loan is first and foremost well-thought-out. You should take into account the financial possibilities of its repayment, but also carefully look at the institution offering this type of financing. Using proven lenders and planning expenses, taking into account the costs of repayment of installments, will protect consumers from debt problems” – he adds.

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