#YoungAmericans are increasingly using “buy now, pay later” (#BNPL) #loans for both #necessities and #discretionarypurchases, driven by #economicpressures and the #easeofapproval. While #BNPLloans offer flexibility, they may encourage #overspending and could potentially impact #creditscores in the future. https://www.wsj.com/personal-finance/credit/the-perils-of-buying-botox-and-concert-tickets-with-buy-now-pay-later-loans-23a59c7e?eicker.news #tech #media #news