More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says episode artwork

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.

Episode metadata supplied by the publisher feed · Published Apr 26, 2025

Embed this episode

Ready to play

More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says

0:00 1:25

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Daily SumUp?

This episode is 1 minute long.

When was this Daily SumUp episode published?

This episode was published on April 26, 2025.

Can I download this Daily SumUp episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!