‘Buy now, pay later’ might be driving up costs

A growing number of Americans are turning to buy now, pay later services for everyday essentials, according to recent data. This trend could be inflating overall costs, as these payment plans often come with interest fees. The implications could be significant, especially if consumers aren't fully aware of the long-term financial impact. It's crucial to consider the potential for increased debt and how this shift in consumer behavior might affect broader economic trends.