Buy now, pay later can be tempting — but experts warn of financial risks

INDIANAPOLIS Buying clothes, booking a flight or grabbing tickets to a Colts game all can now come with the option to buy now, pay later.

It sounds convenient, but if youre not careful, financial experts say it can quickly lead to a credit crunch.

A recent survey by LegalShield found that three in four Americans are using buy now, pay later services.

Honestly, I do like using it when I order online and I feel like Im going to have to return stuff," Alex Cook said. "Its like a cheat code you never pay the full price for what you order because I end up taking like half of it back anyways so it is nice for that."

Others said they use it for bigger purchases, like appliances, while some shoppers warn about the hidden dangers.

If I kept using it, all the pay laters would add up, said Aliso