>“One moment, you’re financing your Coachella outfit; the next moment it’s groceries.” And indeed, this is happening more and more frequently—a quarter of “buy

>“One moment, you’re financing your Coachella outfit; the next moment it’s groceries.” And indeed, this is happening more and more frequently—a quarter of “buy now, pay later” customers say they use an installment-payment service to shop for food. This is the kicker for me personally. I don't know if it's cost of living increases driving people to start using these services for daily essentials, or if it just becomes a habit through putting all spending through services like this. Either way it's scary.