I hope they cover this new credit scheme that so many seem to be falling victim to - the BNPL - BuyNow, Pay Later
Bankrate.com- 05/05/2025 - What's new with buy now, pay later? A LOT !
from the link ~
in Bankrate's 2025 Buy Now, Pay Later Survey, with about half (49 percent) of buy now, pay later (BNPL) users reporting at least one problem using these services. Some 24 percent say they have overspent using BNPL, 16 percent missed a payment, 15 percent regretted a purchase and 14 percent had trouble with a return or refund.
AARP.org 04/03/2025 updated - Is 'Buy Now, Pay Later' a Better Way to Shop?
from the link ~
Consumers spent a total of $82.4 billion on BNPL programs in 2024, a nearly 10 percent increase from 2023, according to Adobe Analytics data. Older Americans are embracing them: In a March Bankrate survey, 31 percent of Gen Xers and 25 percent of boomers reported having used a BNPL service. And BNPL services had their best day ever on Cyber Monday this year, with consumers spending a record $991.2 million.