More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says

All praise to Elon and Trump!

Still love the capitalism!

I got a bit confused because this is specifically about third party BNPL services (example PayPal BNPL), so credit cards do not count (even though its basically the same thing).

I imagine these BNPL services are offering lower interest rates than the traditional bank credit cards, otherwise it wouldnt make sense. This hasn't caught popularity afaik in Mexico yet, the vast majority here use credit cards still.

Also I'm pretty sure that if you counted credit cards as a BNPL (which it is) the % of americans financing their groceries would be pretty darn close to a 100%. People failing to pay their deadlines seems a better indicator of the situation of average people.