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Americans go into debt — this time for groceries

May 17, 2024
More than a quarter of Americans used a credit card to buy groceries last year and did not pay off the balance when it was due.
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Buy now, pay later debt grows but is hidden from credit bureaus

May 13, 2024
Adobe Analytics projects that buy now, pay later loans could drive as much as $84 billion in spending in 2024. But the debt shoppers are racking up is basically hidden from credit bureaus, lenders and economists.
Consumers are increasingly opting for buy now, pay later options. And that debt is basically invisible to credit bureaus and lenders.
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