Why ‘buy now, pay later’ may threaten Big Banks

From CNBC.

An estimated 86.5 million Americans used buy now, pay later loans in 2024, according to eMarketer, and that number could rise to 91.5 million in 2025.

Find out what’s behind the popularity and why traditional lenders such as banks and credit card companies are wary of consumers who use these programs: https://youtu.be/tOHh0WYCmWA