Americans turning to "buy now, pay later" loans for rent, food, and other necessities

Americans turning to "buy now, pay later" loans for rent, food, and other necessities

Buy now, pay later loans exploded in popularity during the pandemic as a way to split up large consumer purchases. Now, people are using them to afford everyday necessities. CBS News MoneyWatch reporter Megan Cerullo breaks it down.

Read the full story at cbsnews.com

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