Buy now, pay later lenders are now pitching loans for electricity and rent

Buy-now-pay-later financing, once mainly used for discretionary purchases like sneakers or electronics, is rapidly expanding into basic household necessities. According to a report from The New York Times, lenders are now pitching these short-term loans as a way for people to cover electricity, rent, broadband, health insurance and other recurring bills. Lending apps Flex and […]

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