Record Number of Americans Using 'Buy Now, Pay Later' Apps Amid Surging Inflation in Biden's Economy
Record number of Americans using 'buy now, pay later' apps amid surging inflation in Biden's economy. 6.5% of Americans, approximately 15 million, using BPNL apps for groceries. Major retailers like Walmart, Amazon, and Trader Joe's offer these apps. Gen-Z also using BPNL loans for various items. President Biden mentioned inflation has decreased, but it has been rising for the past three months.