If you don't have the money now, you can apply to spread the cost using Buy Now Pay Later. It's one of the fastest growing financial products and is loved by consumers for it's ease of use and easy acceptance.

What you need to know…

Most Buy Now Pay Later companies are Unregulated.

This means if things go wrong it can be slightly harder to resolve. Although most customers have a good experience, you will need to ensure you can afford the monthly repayments. 

Most lenders do not carry out credit checks or only carry out Soft Credit checks, this means a very high acceptance rate.

Many people are concerned with the rise of Buy now Pay later and it's easy access to Credit, some calling for tough regulations.

Debt Charities are also concerned by the number of people borrowing this way.

If you are sure you can afford the monthly repayments then Buy Now pay Later can be a great way to spread the cost and rebuild or build your credit rating.