New Report Shows ‘Buy Now Pay Later’ Services Will Wreck Havoc On The Black Community

By Jasmine Browley ·Updated January 19, 2023

The concept of layaway isn’t a new one, but online shoppers are finding themselves in unfamiliar territory as Buy now, pay later (BNPL) offerings push them further into debt.

According to new research from Capterra, BNPL is taking advantage offinancially illiterate shoppers despite what they may think.

In the company’s 2022 Buy Now, Pay Later Survey, nearly all (95%) of shoppers say they’re confident

Kimberly Wilson
Author: Kimberly Wilson

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