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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMore Americans are financing groceries with buy now, pay later loans -- and more are paying those bills late, survey says
https://www.cnbc.com/2025/04/26/americans-groceries-buy-now-pay-later-loans.htmlA growing number of Americans are using buy now, pay later loans to buy groceries, and more people are paying those bills late, according to new Lending Tree data released Friday.
The figures are the latest indicator that some consumers are cracking under the pressure of an uncertain economy and are having trouble affording essentials such as groceries as they contend with persistent inflation, high interest rates and concerns around tariffs.
In a survey conducted April 2-3 of 2,000 U.S. consumers ages 18 to 79, around half reported having used buy now, pay later services. Of those consumers, 25% of respondents said they were using BNPL loans to buy groceries, up from 14% in 2024 and 21% in 2023, the firm said.
Meanwhile, 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 survey found.
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More Americans are financing groceries with buy now, pay later loans -- and more are paying those bills late, survey says (Original Post)
nitpicked
Apr 2025
OP
BTW Grocery stores are taking advantage of the chaos - they are jacking up prices again
dalton99a
Apr 2025
#3
CountAllVotes
(22,240 posts)1. MABA!
Make America BROKE Again!!
& recommend.
BoRaGard
(7,598 posts)2. "Ha ha." - G.O.P. Billionaire Bros (R)
dalton99a
(96,249 posts)3. BTW Grocery stores are taking advantage of the chaos - they are jacking up prices again