Americans are using buy now, pay later more than ever. Here’s what to know if you’re one of them
Americans are increasingly using buy now, pay later plans to cover everyday expenses such as groceries and bills.
NEW YORK (AP) — Americans spent more than $160 billion last year using buy now, pay later plans, according to research published by Federal Reserve economists. Experts say they’re increasingly seeing people use the plans for everyday expenses like groceries, bills, transportation and, sometimes rent. “It has been very hard out there for a lot […]
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