US EditionBuy now, pay later is everywhere: Is it a ticking time bomb?
- A growing number of Americans are using Buy Now, Pay Later loans for groceries, with 25% using them for this purpose as of April 2025, according to new Lending Tree data.
- 41% of BNPL users reported making late payments in the past year, an increase from 34% the previous year, highlighting financial strain amid economic uncertainty.
- Financial analyst Matt Schulz indicated that while many consumers are struggling, BNPL can help manage budgets but also carries risks, particularly the danger of accumulating unmanageable debt.
- The Consumer Financial Protection Bureau has raised concerns about the lack of transparency in BNPL agreements and is considering new rules to protect consumers, indicating increasing regulatory scrutiny.
24 Articles
24 Articles
Growing number of Americans are financing groceries with buy now, pay later loans
As inflation continues to strain household budgets, a growing number of Americans are resorting to Buy Now, Pay Later (BNPL) services to cover grocery costs, according to multiple reports. This trend highlights the financial pressures many face amid rising food prices and economic uncertainty. A recent article by CNBC notes that BNPL services, traditionally used […]
The Daily Item
The Tribune-DemocratPoll: Debt grows as food insecurity worsens, support for SNAP crosses party lines
HARRISBURG — A new poll on food insecurity in Pennsylvania reflects growing concern about affordability at the grocery store and broad agreement on the value of nutrition assistance programs.
NewsNation
Buy now, pay later is everywhere: Is it a ticking time bomb?
(NewsNation) — Americans have long relied on credit cards, but a newer financing trend known as “Buy Now, Pay Later” is gaining traction, with many consumers turning to short-term payment plans to cover everyday essentials like gas and groceries. A recent NerdWallet survey found that more than half of Americans (55%) have used buy now, pay […] The post Buy now, pay later is everywhere: Is it a ticking time bomb? appeared first on WNYmedia Networ…
Pharos-Tribune
EDITORIAL: SNAP recipients should receive decent food
Despite obvious problems with the conspiratorial RJK Jr. in his role as Health and Human Services secretary, he’s right about at least one thing: Americans need to focus on improving their health, and that’s going to mean cutting down on…
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