More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says
Posted by ONETRILLIONAMERICANS
More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says
Posted by ONETRILLIONAMERICANS
2 Comments
> A Lending Tree survey found 25% of buy now, pay later users are funding grocery purchases with the loans, up from 14% in 2024.
> The survey said 41% of respondents said they made a late payment on a BNPL loan in the past year, up from 34% in the year prior.
These are just credit cards with extra steps.