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Buy Now, Pay Later: Grocery Loans Surge 25%

6/2/2025

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Summary

Story summary

American consumers are turning to "buy now, pay later" loans for groceries, expanding beyond major purchases.
Tia Hodge from Austell, GA, utilized Klarna to divide a $400 grocery bill into four interest-free payments.
Nearly 25% of users now finance groceries, a significant increase from 14% last year, as reported by LendingTree.
These loans are also being used to cover recurring bills such as electricity and internet services.

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Story summary

American consumers are turning to "buy now, pay later" loans for groceries, expanding beyond major purchases.
Tia Hodge from Austell, GA, utilized Klarna to divide a $400 grocery bill into four interest-free payments.
Nearly 25% of users now finance groceries, a significant increase from 14% last year, as reported by LendingTree.
These loans are also being used to cover recurring bills such as electricity and internet services.