Buy Now, Pay Later is putting some people in a record amount of debt

Nina Pineda Image
Thursday, December 21, 2023
Buy Now, Pay Later is putting some people in a record amount of debt
Nina Pineda explains the importance of supporting local businesses.Buy Now, Pay Later can be a useful tool but a new report finds that it is putting some Americans into a record amount of debt.

Holiday shopping can make you feel like you are hemorrhaging cash, and sometimes Buy Now, Pay Later can soften the blow.

However, BNPL can also put you into debt if you aren't careful.

7 On Your Side's Nina Pineda has the story in the media player above.