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The Nexus
BUSINESSJul 14 · 12:15 UTCCNBC TOP

Consumers turn to buy now, pay later for essential expenses — with growing risks

Consumers are increasingly using buy now, pay later (BNPL) services for essential expenses such as groceries, rent, and utility bills. However, a rise in late payments among BNPL users highlights growing financial risks associated with this payment method.

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