Buy now, pay later on the rise for grocery shoppers

More shoppers are using buy now, pay later (BNPL) loans to purchase groceries, according to new research from LendingTree. LendingTree surveyed 2,000 consumers online in April, ages 18 to 79, and found that 25% of buy now, pay later users said they’ve used the service to buy groceries—up from 14% a year ago.