As 'buy now, pay later' plans grow, so do delinquencies
chinadaily.com.cn
Updated: 2022-09-16 09:33
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Americans spent $24.2 billion with the buy-now, pay-later services in 2021, up from $2 billion in 2019, according to a new report. However, the delinquency rate for the services rose to 2.39 percent in 2021 from 1.83 percent in 2020.
