xi's moments
Home | Americas

As 'buy now, pay later' plans grow, so do delinquencies

chinadaily.com.cn | Updated: 2022-09-16 09:33

Americans spent $24.2 billion with the buy-now, pay-later services in 2021, up from $2 billion in 2019, according to a new report. However, the delinquency rate for the services rose to 2.39 percent in 2021 from 1.83 percent in 2020.

Global Edition
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349