By Jackie Ben

There are times, especially during the holiday, that expenses build up and can prove to be very overwhelming. Even for those with a steady income the presents, dinners, and holiday parties can become daunting and deplete your savings you have worked so hard to accumulate. For those who do not have large sums of money on hand to spend, there are buy now pay later programs available from retailers that allow you to make small monthly installments on products purchased. These payment programs allow you to convenience and flexibility of paying for your holiday gifts throughout the year, keeping extra money in your wallet.

Bill Me Later Option

A popular online payment method used by those looking to keep cash on hand is the Bill Me Later payment option. This option can be a true lifesaver for the consumer in a bind. Bill Me Later has become affiliated with more than 1000 online stores, making it a convenient and popular way to buy now and pay later. Stop by their website and see if any of your favorite online shops are bill me later merchants.

Along with being safe and secure, this payment option is easy to use. You can avoid paying online by credit card or electronic check by filling out an online application. Similar to a credit card, without the card, you will be provided with a billing invoice, offering you to pay your online purchase in small installments, or pay off your debt completely and avoid accruing interest and finance charges.

Once approved, you will be able to start shopping with one of the listed online retailers. If you find something you have been saving for, look no further, and keep your money on hand for unexpected future expenses. Aside from the fact you get to pay later, several large online retailers such as Walmart.com, offer perks to account holders. These perks include the option of no payment for 90 days to 6 months with qualified purchases.

PayPal Buyer Credit

Another flexible payment option for online consumers, PayPal Buyer Credit. This option is similar to Bill Me Later, and is a convenient alternative payment method for eBay shoppers. Although it is most popular amongst eBay bidders, you can use your buyers credit anywhere that PayPal is accepted.

It is as simple as signing into your existing PayPal account for current members, or creating a new account. Once you are a member you will be able to click on the credit programs options on the home page. Complete a brief credit application and find out immediately if you are approved. If you are approved for a PayPal credit, the amount will show on your account. It will be available for your use immediately, and each purchase will be deducted from your available credit.

These are just two of the many forms of buy now pay later payment options available to consumers. In the millennium of technology you can not only shop online, but apply for credit online. Just like any form of credit, make sure you are responsible with your credit limits and monthly payments. Just like credit cards, monthly payment plans are reflected on your credit report and can affect your score negatively if unpaid. Never borrow more then you can pay back at any one given time. For the responsible shopper, in need of some holiday cash, these resources can be the answer you were looking for. Start the holiday season off right and apply today! You can start shopping from the comfort of your own home and money still in your bank account.

For more great information about buy now pay later programs, check out the author’s website which has tons of great information about getting a loan for electronic gadgets.