Back to today’s briefing

Story perspectives

93% of Low-Income Indians Rely on Credit Amid Inflation

7/17/2025

41 8

Summary

Story summary

A startling study by Think360.ai shows that a staggering 93% of salaried Indians earning under INR50,000 are turning to credit cards and Buy Now Pay Later (BNPL) services just to get by as inflation soars. This reliance fuels a relentless cycle of debt, heightening financial anxiety. Experts call for enhanced financial education and tighter regulations to combat this escalating crisis.

1 of 1

Story summary

A startling study by Think360.ai shows that a staggering 93% of salaried Indians earning under INR50,000 are turning to credit cards and Buy Now Pay Later (BNPL) services just to get by as inflation soars. This reliance fuels a relentless cycle of debt, heightening financial anxiety. Experts call for enhanced financial education and tighter regulations to combat this escalating crisis.