25% Of Americans Using Buy Now, Pay Later For Groceries

A recent Lending Tree survey found that 25% of Americans are using buy now, pay later services for groceries. This is up from 14% in 2024. 41% have paid back their loan late over the past year. “It’s pretty clear that as people struggle with inflation and other kinds of economic uncertainty, people are looking to things like BNPL loans to help them extend their budget,” Matt Schulz of Lending Tree said. Last month, DoorDash announced a partnership with Klarna to let consumers split up food order payments. (Fortune)