Stacy Cowley / New York Times:

BNPL lenders like Flex, Zip, and Affirm are now pitching loans for basic household needs; Americans spent $160B through pay-later loans in 2025, up 2x from 2023  —  The rapid growth of pay-later loans raises questions about whether their popularity is driven by consumer preference or desperation.

Stacy Cowley / New York Times:

BNPL lenders like Flex, Zip, and Affirm are now pitching loans for basic household needs; Americans spent $160B through pay-later loans in 2025, up 2x from 2023  —  The rapid growth of pay-later loans raises questions about whether their popularity is driven by consumer preference or desperation.

Source: TechMeme
Source Link: https://www.techmeme.com/260817/p32#a260817p32