KPIX CBS Evening News With Norah ODonnell June 4, 2024 23:45:00
Spending was up 2.5%. many are using buy now pay later. it is a new popular tndith coordinateens o t payment programs. takes t's money w nancy c in cbkes look a the risk and benefit of this booming industry. >> buy now pay later how does that work? >> for online shoppers the a >> reporter: for online shoppers, the appeal seems obvious. >> reporter: zero-interest loans. smaller payments, spread out. and, unlike layaway, shoppers get their purchases immediately. but that ease of buying can add up, fast. >> you got that little rush when it came in the mail, and then two weeks later, there's the m...