CHICAGO (WLS) -- Here's a quick concert tip if you are one of many who are turning to "buy now, pay later" to cover the cost.

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A new LendingTree report finds nearly one in four Americans has used a "BNPL" loan to pay for concert or festival expenses...

With fans estimating they'll spend nearly $1,000 this year on live shows, about one in three say they expect to go into debt to afford it.

Before you click "pay later," check the fine print. Missed payments can mean late fees and hurt your credit.

Compare it to a credit card. "BNPL" isn't always cheaper, especially if you carry a balance elsewhere.

Have a payoff plan. Only use "BNPL" if you're sure you can cover the installments.

You can find the full survey here .

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