While using BNPL services can be risky, taking the time to educate yourself and carefully considering the loan can help you lower your level of risk. You should do the following before and while using a BNPL service:nResearch: Before agreeing to the BNPL loan, read the terms and conditions. Pay particular attention to the payment schedule, late or non-payment fees, and the autopay policies. If you do not agree with the terms, do not use the BNPL service.nAutopay: Read the terms and conditions of the company’s autopay requirements. The majority of BNPL companies require payments be submitted by autopay directly from your bank account and do not allow you to stop or suspend payments. While this method is simpler for the company, autopay can have significant impact on your bank account, especially if you do not have sufficient funds when the payment is withdrawn, likely resulting in overdraft charges.