More Americans are financing groceries with buy now, pay later loans, and more are paying those bills late

[MrLogic]

Gonna be a hot summer.

 

[Trav]

If they doing Pay In 4 with no interest, I ain't mad at em. But they prolly do need to try to move to some cash back thing if they can.

 

[winb83]

While there isn't a single percentage for how many people get cash back on credit cards without paying interest, a survey by Bankrate found that 67% of credit card holders carrying debt still try to maximize rewards, according to Bankrate. This suggests a large portion of cardholders are actively pursuing rewards even while paying interest, indicating many are successfully managing to earn rewards while paying their balances on time and in full.

Credit card debt causes Americans to hold back on important money milestones
64% of credit card debtors, defined as credit cardholders who carry a balance month to month, have delayed or avoided other financial decisions because of their credit card debt.
Source: Bankrate’s 2025 Dealing With Debt Survey

Around half of Americans carry credit card debt
48% of credit cardholders report having a credit card balance. Close to 3 in 4 of those debtors (71%) think they’ll pay off their balance within five years.
Source: Bankrate’s 2025 Credit Card Debt Survey

The industry couldn’t support everyone simply getting cash back and clearing the debt immediately. A good portion of that cash back money comes from profits off interest payments and the people who pay interest are subsidizing it all. Swipe fees are not enough to cover it.

That’s why I say snatching rewards and immediately clearing the balance isn’t real financing and if everyone did it without paying any interest the industry would collapse.

 

[Kiyoshi-Dono]

I don’t get it.
Rent. Utilities. Food.

These are the basics you don’t skip or misallocate for.

Who raised these mfs

All three are rapidly raising
fukk you mean
Me and mine have a budget and we still going outside of it because muthafukkas are charging hidden incidentals to shyt
Not to mention car/house insurance is beyond ridiculous right now
You nikkas live in some weird bubble online where you are always fiscally responsible
That’s why I don’t believe 95% of you nikkas on this forum
Yall just be typing shyt

 

[DaPresident]

All three are rapidly raising
fukk you mean
Me and mine have a budget and we still going outside of it because muthafukkas are charging hidden incidentals to shyt
Not to mention car/house insurance is beyond ridiculous right now
You nikkas live in some weird bubble online where you are always fiscally responsible
That’s why I don’t believe 95% of you nikkas on this forum
Yall just be typing shyt

nikkas on here are perfect with money, women, and professional opportunities. Budgets perfectly balanced each month smh

 

[How Sway?]

This literally 2008 all over again except
1. We have trump as prez
2. There's A.I. taking jobs away
3. Inflation on 10.

Shyts looking scarier and less hopeful this go around brehs

 

[RiffRaff]

Klarna ain’t even in my vocabulary

#richgang

 

[Pazzy]

Now the state media bringing this up when Biden is out of office. yet this happened within the 4 years he was there lying about the economy and etc. Hello.... we gonna act like this wasnt happening or an ongoing problem when they were literally and still are price gouging since the plandemic. But it's not okay to talk about it because it doesnt fit the narrative where Trump has become the scapegoat to Bidens bullshyt. Like it or not, those 4 years 2020 to 2024 pretty much were the nail in the US economy. Those were recession years. Now Trump about to throw us in a depression. Better invest in crypto.

 

[beenz]

If they doing Pay In 4 with no interest, I ain't mad at em. But they prolly do need to try to move to some cash back thing if they can.

don't they all offer 4 payments with no interest? obviously they are banking on u missing a payment so they can split ur wig with interest.

 

[winb83]

don't they all offer 4 payments with no interest? obviously they are banking on u missing a payment so they can split ur wig with interest.

No buy now pay later companies make their real money when you buy something. They get a percentage of your purchase amount. Retailers give them that because like I said it removes some of the friction from a purchase and causes people to buy things they normally wouldn't buy. They don't need or really even care if you pay late as long as you pay it all in full.

 

[Bigblackted4]

Now the state media bringing this up when Biden is out of office. yet this happened within the 4 years he was there lying about the economy and etc. Hello.... we gonna act like this wasnt happening or an ongoing problem when they were literally and still are price gouging since the plandemic. But it's not okay to talk about it because it doesnt fit the narrative where Trump has become the scapegoat to Bidens bullshyt. Like it or not, those 4 years 2020 to 2024 pretty much were the nail in the US economy. Those were recession years. Now Trump about to throw us in a depression. Better invest in crypto.

Who do you think was in office in 2020 and what major events happened that year. Use your brain!