Americans Plan To 'Buy Now, Pay Later' With Holiday Shopping

Photo: Peera_Sathawirawong / iStock / Getty Images

Buy now, pay later seems to be the go-to strategy for numerous Americans this holiday season.

As per Adobe Analytics, one in five Americans intends to rely on short-term installment plans to finance their holiday purchases.

The 'buy now, pay later' schemes have garnered significant traction among the younger generation, propelling sales to exceed $9.3 billion in November alone.

However, credit experts caution that these plans could incur steep fees in case of missed payments.


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