Is BPNL a lifesaver or a debt trap? Explains expert
Last Update Date: 06-10-2026
Published by India Today
Abhishek Kumar's role: Quoted
Abhishek Kumar shared a case of a user whose missed instalment led to higher fees and a lower credit score, in a LinkedIn post that India Today cited. He suggested using such credit only for planned essentials.
More of Abhishek's views on debt and loans
The article looks at buy now, pay later credit, which is easy to use during festive sales. It covers how interest-free periods end, extra fees and late penalties, the effect of missed payments on credit scores, failed auto-debits, and why borrowing limits should not be treated as spending room.
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Is BPNL a lifesaver or a debt trap? Explains expert