The Rise and Rise of "Buy Now, Pay Later" Culture
The BNPL
Boom Buy-now-pay-later services have exploded in popularity, with about 50% of consumers now using these platforms. From concert tickets to groceries, you can split almost any purchase into installments. The appeal? No immediate impact on credit scores and often no interest charges. But there's a catch: these services are particularly attractive to financially vulnerable consumers who may already be struggling with debt.
#buynowpaylater, #bpnl