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LendingTree data reveals a surge in Americans using buy now, pay later (BNPL) loans for groceries, with late payments also rising. A survey found 25% of BNPL users are purchasing groceries this way, up from 14% in 2024. Late BNPL payments increased to 41%, indicating financial strain amid inflation and high interest rates. Experts warn of potential risks associated with multiple BNPL loans, urging caution despite the interest-free appeal.

Prepared by Christopher Adams and reviewed by editorial team.