BNPL use in the US has grown to 91.5M users, with 25% financing groceries, as default rates accelerate and most loans aren't reported, creating "phantom debt" (Connie Loizos/TechCrunch)

Connie Loizos / TechCrunch: BNPL use in the US has grown to 91.5M users, with 25% financing groceries, as default rates accelerate and most loans aren't reported, creating “phantom debt”  —  When Nigel Morris tells you he's worried about the economy, you listen.  As industry observers know …

BNPL use in the US has grown to 91.5M users, with 25% financing groceries, as default rates accelerate and most loans aren't reported, creating "phantom debt" (Connie Loizos/TechCrunch)

Connie Loizos / TechCrunch:
BNPL use in the US has grown to 91.5M users, with 25% financing groceries, as default rates accelerate and most loans aren't reported, creating “phantom debt”  —  When Nigel Morris tells you he's worried about the economy, you listen.  As industry observers know …

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.