Those who have been rejected loan from banks or don't have a credit card can avail a very short term loan under buy now, pay later (BNPL) facility offered by many fintech players. While the idea is appealing to most online buyers, it comes with its costs. Upasana Taku, co-founder & COO, MobiKwik shares the good way of utilising credit facility under BNPL scheme. She says, "all BNPL products offer interest free credit for a particular period of time, mostly ranging between 15 and 30 days, pay it back in time to avoid any late payment charges." It will also help you build a credit history if you keep on using the facility and keep paying on time, she adds.