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Bloomberg fixed the title on their site, but no, "One in Five Americans" are not using Buy Now, Pay Later on Groceries. The Bloomberg article links to a Lendin
by yesfitz 3y ago
Bloomberg fixed the title on their site, but no, "One in Five Americans" are not using Buy Now, Pay Later on Groceries.
The Bloomberg article links to a LendingTree Survey[1] that states, "21% of BNPL users say they’ve used one of the loans to buy groceries." But also that "46% of Americans saying they’ve used one of the loans"
Worrisome, yes, but also overstated.
1: https://www.lendingtree.com/personal/bnpl-ends-meet-survey/ https://www.lendingtree.com/personal/bnpl-ends-meet-survey/