Struggling Americans are turning to trendy, risky ‘buy now, pay later’ loans to afford groceries, gas
Debit or credit? In this economy? Cash-poor and maxed-out consumers are increasingly turning to trendy “buy now, pay later” microloan products to afford everyday necessities — as inflation and the cost of living rise faster than salaries and bank balances. A report from Lending Tree found that 29% of users of popular BNPL brands like Klarna … Read more