Answered

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A "buy now, pay later" offer is an example of a(n)

A. prepaid card
B. mobile payment
C. revolving loan
D. installment loan

Sagot :

GinnyAnswer

Final answer:

A buy now, pay later offer is a type of revolving loan that allows for deferred payments.


Explanation:

Buy now, pay later offers fall under the category of a revolving loan. In this scenario, individuals can make purchases and defer payment to a later date, often in installments, without any interest as long as the full amount is paid within the specified timeframe.


Learn more about Revolving loans here:

https://brainly.com/question/41769635


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