More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says
Publishing timestamp: 2025-04-26 11:00:02
Summary
A Lending Tree survey found that a growing number of Americans are using buy now, pay later loans to buy groceries, with more people paying those bills late. This indicates that some consumers are struggling to afford essentials under the pressure of high prices, interest rates, and economic uncertainty. The survey also showed that many consumers are using multiple BNPL loans at once, raising concerns about mismanagement and potential risks.
Sentiment: MIXED
Keywords: business news, personal finance, business, grocery shopping, consumer credit, retail industry, shopping, economy, walmart inc, delta air lines inc, breaking news: business, breaking news: economy, personal loans,
Source: https://www.cnbc.com/2025/04/26/americans-groceries-buy-now-pay-later-loans.html