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Buy Now, Pay Later - Boom or Bust? - Vimarsana News

Buy Now, Pay Later - Boom or Bust?

Share this article Share this article OMAHA, Neb., April 12, 2021 /PRNewswire/ -- Consumers have increasingly adopted Buy Now, Pay Later (BNPL) services for multiple reasons; a desire for financial flexibility, a way to avoid incurring credit card debt, or to purchase items outside of their budgets. However, despite its popularity, consumer debt and missed payments have led to calls for additional research and regulation. To take a closer look, The Strawhecker Group (TSG) conducted a survey of over 1,500 U.S. consumers in early 2021 with a goal of understanding domestic attitudes and persp...