“Buy now, pay later” (BNPL) loans surged in popularity during Black Friday and Cyber Monday in late November. As Christmas is less than a week away, Walmart shoppers have been greeted with a new BNPL payment at the checkout line. The increased use of BNPL is incredibly problematic for consumers with insurmountable credit card debt and depleted savings.

Affirm Holdings announced Tuesday that its BNPL service has been expanded to self-checkout kiosks at 4,500 Walmart stores nationwide. Customers can purchase electronics, apparel, toys, and many more items (except groceries) by spreading payments out from three months to 24 months.

https://www.zerohedge.com/markets/self-checkout-kiosks-4500-walmarts-now-offer-buy-now-pay-later-loans-basic-items

 

“We buy sh*t we don’t need, with money we don’t have, to impress people we don’t like.” – George Carlin