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New Reading Resource: Buy Now Pay Later

January Page One Economics Banner Buy Now Pay Later

You may have seen it in the checkout of your last online purchase.  Retailers have long accepted credit and debit cards as well as peer-to-peer payments like PayPal to buy things.  Recently, new options appeared to entice consumers with the ability to “buy now, pay later.”

This payment option is actually a new take on an old idea—the installment plan.  This reading walks students through the evolution of Buy Now, Pay Later options, how it works, who uses it, and the pros and cons of purchasing items with this method.

You’ll get all the information right now…without having to regret it later with this Page One reading.

By creating a free account on fre.org, this article can be easily assigned to your students using Canvas, Google Classroom, Schoology, Blackboard, and D2L Brightspace.  The assignment contains a self-grading, multiple-choice assessment for the convenience of both teachers and students. This tutorial will help you get started. 

Check out the full resource page below! 

 

 

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