Discussion Paper
“The Only Way I Could Afford It”: Who Uses BNPL and Why
Abstract: Buy now, pay later (BNPL) is a fast-growing credit product that allows consumers to split payments over time. BNPL gained popularity as a new alternative credit product for online retail purchases over the past decade and has become available for in-person purchases as well as post-purchase credit card installment payment plans.
https://doi.org/10.17016/2380-7172.3675
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File(s): File format is text/html https://www.federalreserve.gov/econres/notes/feds-notes/the-only-way-i-could-afford-it-who-uses-bnpl-and-why-20241220.html
Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2024-12-20
Number: 2024-12-20-4