M&S to supply ‘buy now pay later service that is Clearpay

M&S to supply ‘buy now pay later service that is Clearpay

On line shoppers should be able to stagger re payments interest-free over six months

Marks & Spencer will offer you shoppers a brand new option to buy clothing and homeware online with Clearpay, a ‘buy now spend later’ solution that lets you disseminate re payments interest-free. But should you utilize it?

M&S has received a tough 12 months after crashing out from the FTSE100 in September and early in the day this week unveiled profits had slid 17% in the 1st 50 % of the economic year compliment of bad clothing and house product product product sales.

The ability to pay by instalments to balance its books M&S is making a range of changes, including cutting stores, offering M&S food online and giving online shoppers.

But, while no interest is charged by Clearpay, you will find charges in the event that you miss a payment it will affect your credit score if you fail to pay on time and. Continue reading “M&S to supply ‘buy now pay later service that is Clearpay”