EPISODE · Apr 26, 2025 · 1 MIN
More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says
from Daily SumUp
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.The figures are the latest evidence that some consumers are having trouble affording essentials such as groceries under the pressure of high prices and interest rates. Hosted on Acast. See acast.com/privacy for more information.
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More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says
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