{"_id":"6ac63d44ca88853f742a5634","title":"{\"format\":\"prosemirror\",\"schemaVersion\":1,\"doc\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"What should I do if I entered a buy now, pay later agreement with a late-payment interest clause?\"}]}]}}","question":"{\"format\":\"prosemirror\",\"schemaVersion\":1,\"doc\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"I entered into a Paypal installment plan for Amazon that advertised 0.00% APR as long as the scheduled payments are made on time. I later learned that the agreement includes a clause under which interest may apply in the event of a late payment.\"}]},{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null}},{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"Is such a contract impermissible even if I intend to make every payment on time and therefore pay no interest?\"}]},{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null}},{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"If I have already entered the agreement and received the purchased items, but can immediately pay the entire remaining balance without any interest or additional fees, should I pay off the balance and keep the items, or am I required to return them? I will be more careful about these contracts in the future, but if I have to return the items now, I am worried it may be difficult since I have already thrown away some of the boxes.\"}]}]}}","answer":"{\"format\":\"prosemirror\",\"schemaVersion\":1,\"doc\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"The Buy Now, Pay Later (BNPL) involves elements of riba, therefore it must be avoided.\"}]},{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null}},{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"In your situation, pay the remaining balance and keep the product.\"}]}]}}","tags":[{"_id":"668d9fe40b76658b4c23283a","tag":"Contemporary Life: Other","count":143},{"_id":"68a50aaa2cc850e0af10384a","tag":"Finance: Interest","count":29},{"_id":"68a51446a4b97312c1c84f77","tag":"Finance: Other","count":18}],"createdOn":"2026-10-07T12:38:28.140Z"}