In July 2024, nearly half of buy now, pay later (BNPL) users in the United States were likely to employ these services to make purchases that did not fit in their budget. Meanwhile, 14 percent of BNPL users were using that technology because their credit cards were maxed out. Buy now, pay later platforms provide short-term consumer credit for online or point-of-sale purchases.
Share of buy now, pay later (BNPL) users that mentioned the following reasons to use that technology in the United States in July 2023
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The Motley Fool. (April 2, 2024). Share of buy now, pay later (BNPL) users that mentioned the following reasons to use that technology in the United States in July 2023 [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1328301/debt-behavior-of-bnpl-users-in-the-us/
The Motley Fool. "Share of buy now, pay later (BNPL) users that mentioned the following reasons to use that technology in the United States in July 2023." Chart. April 2, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1328301/debt-behavior-of-bnpl-users-in-the-us/
The Motley Fool. (2024). Share of buy now, pay later (BNPL) users that mentioned the following reasons to use that technology in the United States in July 2023. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1328301/debt-behavior-of-bnpl-users-in-the-us/
The Motley Fool. "Share of Buy Now, Pay Later (Bnpl) Users That Mentioned The following Reasons to Use That Technology in The United States in July 2023." Statista, Statista Inc., 2 Apr 2024, https://www.statista.com/statistics/1328301/debt-behavior-of-bnpl-users-in-the-us/
The Motley Fool, Share of buy now, pay later (BNPL) users that mentioned the following reasons to use that technology in the United States in July 2023 Statista, https://www.statista.com/statistics/1328301/debt-behavior-of-bnpl-users-in-the-us/ (last visited November 09, 2024)
Share of buy now, pay later (BNPL) users that mentioned the following reasons to use that technology in the United States in July 2023 [Graph], The Motley Fool, April 2, 2024. [Online]. Available: https://www.statista.com/statistics/1328301/debt-behavior-of-bnpl-users-in-the-us/
