Before using ‘buy now, pay later' for back-to-school, here's advice from experts

What has been confirmed

Only one source so far — nothing has been independently corroborated yet.

What remains unknown

• Reported by one source, not yet independently confirmed: Buy Now Pay Later loans, or “BNPL,” are being offered by just about every retailer these days, but they can come with some pitfalls.
• Reported by one source, not yet independently confirmed: The National Retail Federation estimates families will spend an average of $858 on shopping for items such as clothing, shoes, school supplies, and electronics as their children return to classrooms.