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Posted: 2025-04-26 13:43:54 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-26 13:44:25 UTC
Verified By
Rollup News
A growing number of Americans are using "buy now, pay later" loans to afford groceries, with 25% of users financing their food purchases. A LendingTree survey reveals that 41% of BNPL users have made a late payment in the past year, up from 34% the year before, indicating financial strain.
Increased use of BNPL loans for groceries
Rising late payment rates on BNPL loans
Potential indicator of economic strain on Americans
Rising cost of living
Over-reliance on BNPL services
Potential for debt accumulation