“The Only Way I Could Afford It”: Who Uses BNPL and Why

Jeff Larrimore, Alicia Lloro, Zofsha Merchant and Anna Tranfaglia
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Alicia Lloro: https://www.federalreserve.gov/econres/alicia-lloro.htm
Anna Tranfaglia: https://www.federalreserve.gov/econres/anna-e-tranfaglia.htm

No 2024-12-20-4, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

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.

Date: 2024-12-20
New Economics Papers: this item is included in nep-pay
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2024-12-20-4

DOI: 10.17016/2380-7172.3675

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