Many Amazon shoppers are seeing a new button at checkout, Buy Now, Pay Later. It sounds like a great deal: buy something today, have it shipped tomorrow, and pay it off over time. But experts warn that convenience can turn into debt faster than you think.

Amazon now offers several payment options that let shoppers split their purchases over a few months or even a few years. The retailer has partnered with Affirm and also expanded its own Amazon Monthly Payments program. Depending on what you buy and how you qualify, you could pay off an item over five months, twelve months, or longer.

For example, a $1,300 TV could be yours tomorrow with payments of about $108 a month for a year using an Amazon Prime Visa Card. Without that card, you could choose Amazon Pay and pay $260 a month for five

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