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  IBM Takes Wraps Off 'Buy Now, Pay Later' Financing
Time: 12:10 EST/17:10 GMT | News Source: Reuters | Posted By: Guillaume Hébert

Computer maker International Business Machines Corp. on Friday said it is offering for the first time "buy now, pay later" financing on some of its computer services. Low-rate financing may have been popularized by automakers and appliance dealers, but in the past year, computer makers have been using financing options like "no money down" and zero-interest payments amid an economic downturn.

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