The Explosion of “Buy Now, Pay Later” Programs

There was a 28% increase in “buy now, pay later” spending the week before Christmas compared to the week before Cyber Monday, notes Simon Khalaf. He examines the explosion of buy now, pay later programs. He talks about how it’s clear that consumers valued the flexible spending options during the holidays and will continue to do so. He highlights that more consumers are turning to buy now, pay later to help with gifts and restaurant and bar spending. He goes over the state of the consumer. He then goes over if consumer strength will continue despite increasing debt and macro headwinds. Tune in to find out more about the stock market today.