More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says

More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says


Key Points
  • A Lending Tree survey found 25% of buy now, pay later users are funding grocery purchases with the loans, up from 14% in 2024.
  • The survey said 41% of respondents said they made a late payment on a BNPL loan in the past year, up from 34% in the year prior.
  • The figures are the latest evidence that some consumers are having trouble affording essentials such as groceries under the pressure of high prices and interest rates.



Source

Stocks making the biggest moves after hours: Gap, American Eagle Outfitters, UiPath, Dell Technologies & more
Finance

Stocks making the biggest moves after hours: Gap, American Eagle Outfitters, UiPath, Dell Technologies & more

Check out the companies making headlines in extended trading. Gap — The apparel stock plummeted more than 16% as lackluster second-quarter revenue guidance overshadowed an earnings beat for Q1. Gap expects Q2 revenue to remain about flat year over year. Analysts expected a forecast calling for a slight gain. Costco — The wholesale retailer reported […]

Read More
Stocks making the biggest moves Thursday: Boeing, Nvidia, Salesforce, E.l.f. Beauty and more
Finance

Stocks making the biggest moves Thursday: Boeing, Nvidia, Salesforce, E.l.f. Beauty and more

Check out the companies making headlines in Thursday trading. Salesforce — The customer relations management software maker’s shares traded 5% lower on Thursday after the company posted its latest quarterly results. RBC Capital Markets downgraded the stock, citing execution risks if the company continues acquiring. Salesforce did beat fiscal first-quarter estimates and raised its full-year outlook, […]

Read More
Stocks making the biggest moves premarket: Nvidia, E.l.f. Beauty, HP, Burlington Stores and more
Finance

Stocks making the biggest moves premarket: Nvidia, E.l.f. Beauty, HP, Burlington Stores and more

Check out the companies making headlines before the bell. Nvidia — The graphics processing unit manufacturer popped 6% after fiscal first-quarter adjusted earnings of 96 cents per share exceeded the 93 cents analysts polled by LSEG had expected. Nvidia’s revenue of $44.06 billion also beat forecasts of $43.31 billion. Other chip stocks rallied in sympathy. […]

Read More
Powered by WordPress | WP Magazine by WP Mag Plus