BREAKING: "Buy now, pay later" sales hit a record $16.6 billion over the last 2 months, up 14% compared to 2022.

Online holiday shopping sales hit a record $222.1 billion in the last 2 months of 2023.

This is up 4.9% compared to last year and was largely driven by "buy now, pay later" financing.

1 in 4 Americans have now utilized "buy now, pay later" financing.

Typically, these loans do not require credit checks and come with high interest rates.

How can this end well?