From FOX 4 News Dallas-Fort Worth · Shaun Rabb · · 50s
BNPL Programs Rise in North Texas
North Texas residents use BNPL loans to manage daily expenses amid economic strain.
In brief
North Texas residents use BNPL loans to manage daily expenses amid economic strain. BNPL programs help North Texas residents cover groceries and gas but risk increasing debt for low-income households. Originally reported by FOX 4 News Dallas-Fort Worth.
BNPL Programs Rise in North Texas
North Texans using Buy Now, Pay Later programs help manage daily expenses amid economic strain.
46% of BNPL Users Buy Groceries
A recent study shows 46 percent of buy now pay later users purchase groceries.
Economists Warn of Debt Risks
SMU economist Mike Davis says bnpl programs could increase debt for low-income households.
Barber Uses BNPL for Business
Dallas barber tallie cooper uses bnpl to cover high grocery and gas bills.
BNPL Helps Small Businesses
Cooper says bnpl programs help small business owners manage cash flow during economic hardship.
At a glance
BNPL programs help North Texas residents cover groceries and gas but risk increasing debt for low-income households.
