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Americans Are Spending Billions With ‘Buy Now, Pay Later’
Podcast |
The Big Take
Media Type |
audio
Podknife tags |
Business
News & Politics
Categories Via RSS |
News
Publication Date |
May 07, 2024
Episode Duration |
00:16:08

“Buy Now, Pay Later” options have exploded in popularity and availability, and in the midst of stubborn inflation, Americans are even using them to buy essentials like groceries.

But not all of the BNPL providers report data like credit card companies — and no one knows exactly how much debt consumers owe.

On today’s episode, host Sarah Holder talks to reporters Paulina Cachero and Paige Smith, who tried to find out more about the size and scope of the debt.

See omnystudio.com/listener for privacy information.

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