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45% of Consumers Will Use 'Buy Now, Pay Later' Services for Holiday Purchases. Is That a Good Thing?

45% of Consumers Will Use 'Buy Now, Pay Later' Services for Holiday Purchases. Is That a Good Thing?

It's common for consumers to use credit cards to pay for purchases during the holidays. This year, a good 45% of consumers plan to use BNPL plans to cover some or all of their holiday purchases, according to a recent survey by Cardify. Granted, credit cards technically let you do the same thing.