Whalesbook
Buy Now, Pay Later (BNPL) services are becoming popular for Indian wedding expenses, allowing couples to purchase items like designer wear and decor and pay in installments. While BNPL offers instant affordability and low interest, it carries significant risks. Overspending, potential damage to credit scores due to defaults, and normalizing debt can lead to unmanageable financial burdens for newlyweds. Experts advise using BNPL cautiously for small purchases but warn against relying on it for large wedding costs without careful planning and timely payments.