Consumers using more buy now, pay later apps, cutting back non-essentials as basic living costs soar
Cyber Monday buy now, pay later (BNPL) app usage increased 42.5% this year to $9.4 million. (iStock) Consumers have cut back on spending in recent years as inflation took hold and the economy slowly recovered from the coronavirus pandemic. While cutting back on purchases other than certain essentials, it's also clear that Americans are turning […]