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Americans turning to "buy now, pay later" loans for rent, food, and other necessities

Name: Americans turning to "buy now, pay later" loans for rent, food, and other necessities
Uploaded: 2026-09-03T18:23:00-0400
Duration: 2 min 19 s
Description: Buy now, pay later loans exploded in popularity during the pandemic as a way to split up large consumer purchases. Now, people are using them to afford everyday necessities. CBS News MoneyWatch reporter Megan Cerullo breaks it down.

Buy now, pay later loans exploded in popularity during the pandemic as a way to split up large consumer purchases. Now, people are using them to afford everyday necessities. CBS News MoneyWatch reporter Megan Cerullo breaks it down.