As ‘buy now, pay later’ plans grow, so do delinquencies

FILE - A 65-inch television is shown at a warehouse, Thursday, June 17, 2021, in Lone Tree, Colo. Buy now, pay later loans allow users to pay for items such as new sneakers, electronics or luxury goods in installments. (AP Photo/David Zalubowski, File)

As ‘buy now, pay later’ plans grow, so do delinquencies