'Buy Now, Pay Later' Lenders Pitch Loans for Needs Like Electricity and Rent
Economy And Jobs,Debt,Credit Rating,Affordability
From the Left
AllSides Media Bias Rating: Lean Left
"Buy now, pay later" loans took off during the pandemic as a way for online shoppers to go on retail splurges without using a credit card.
Now, lenders are offering the loans as a means for people to finance basic households needs.
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
Related Coverage
AllSides Picks
Headline Roundup
September Jobs Report Adds 29,000 Jobs, Less Than Expected
October 2nd, 2026
Headline Roundup
South Korea Pushes Back on Trump's $54B Alaska LNG Investment Claim
October 1st, 2026
.jpg.webp)
News
Tracking Trump’s Campaign Promises
AllSides Staff
October 2nd, 2026
.png.webp)
The Insight
The Insight: How Much Are Trade Battles Costing You?
AllSides Staff
September 11th, 2026
