Reporter, The Press-Enterprise, Data reporter, The San Antonio Express-News, Digital content specialist, USAA
Education
B.A. in journalism from University of Minnesota
Annie Millerbernd is a former assistant assigning editor and NerdWallet authority on personal loans. She has been a journalist for nearly a decade. Before joining NerdWallet in 2019, she worked as a news reporter in Minnesota, North Dakota, California, and Texas, and as a digital content specialist at USAA. Annie's work has been cited by the Northwestern University Law Review and Harvard Kennedy School. Her work has been featured in The Associated Press, USA Today and MarketWatch. She’s also been quoted in New York magazine and appeared on NerdWallet's "Smart Money" podcast as well as local TV and radio. She is based in Austin, Texas.
Published in
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Featured video
Buy Now, Pay Later: Are These Offers Worth It?
Buy now, pay later loans (AKA: Affirm, Klarna, Afterpay, Zip) can be a convenient way to break up an expensive purchase into more manageable payments. These offers can be useful in a pinch, such as if you need to buy a big ticket holiday gift on short notice and don’t want to put it on a credit card. Our personal loans expert, Annie Millerbernd sat down with us to break down (in installments) what to be aware of with BNPL loan options.
0:00 Intro
0:15 Next steps if you select Buy Now, Pay Later
0:59 How BNPL companies work
1:31 When you should use BNPL
2:36 Overdraft fees, late fees, and other cons
3:39 Final thoughts
Want to research now, before you shop later? Our version of installments look a whole lot like articles that break down everything you need to know about Buy Now Pay Later loans:
Smart Money Podcast: Buy Now, Pay Later Loans and How to Start Building Wealth: https://www.nerdwallet.com/article/finance/smart-money-podcast-buy-now-pay-later-loans-and-how-to-start-building-wealth
What Is Buy Now, Pay Later?: https://www.nerdwallet.com/article/loans/personal-loans/buy-now-pay-later
Klarna Review 2021: Should You Buy Now, Pay Later?: https://www.nerdwallet.com/reviews/loans/personal-loans/klarna-personal-loans
Affirm Loans: 2021 Review: https://www.nerdwallet.com/reviews/loans/personal-loans/affirm-personal-loans
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