As of March 2024, gen Z buy now, pay later (BNPL) users were more likely to have missed a payment than people in other age groups in the United States. Meanwhile, 35 percent of millenials had spent more on BNPL than they should have, with that share going down to 24 percent for the gen Z. Ten percent of gen X BNPL users had missed a payment.
Share of buy now, pay later (BNPL) users who have missed payments or spent more than they should have in the United States in March 2024, by age
Characteristic
Missed a BNPL payment
Spent more on BNPL than they should have
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Bankrate. (April 11, 2024). Share of buy now, pay later (BNPL) users who have missed payments or spent more than they should have in the United States in March 2024, by age [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1328323/bnpl-missed-payments-in-the-us/
Bankrate. "Share of buy now, pay later (BNPL) users who have missed payments or spent more than they should have in the United States in March 2024, by age." Chart. April 11, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1328323/bnpl-missed-payments-in-the-us/
Bankrate. (2024). Share of buy now, pay later (BNPL) users who have missed payments or spent more than they should have in the United States in March 2024, by age. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1328323/bnpl-missed-payments-in-the-us/
Bankrate. "Share of Buy Now, Pay Later (Bnpl) Users Who Have Missed Payments or Spent More than They Should Have in The United States in March 2024, by Age." Statista, Statista Inc., 11 Apr 2024, https://www.statista.com/statistics/1328323/bnpl-missed-payments-in-the-us/
Bankrate, Share of buy now, pay later (BNPL) users who have missed payments or spent more than they should have in the United States in March 2024, by age Statista, https://www.statista.com/statistics/1328323/bnpl-missed-payments-in-the-us/ (last visited August 24, 2024)
Share of buy now, pay later (BNPL) users who have missed payments or spent more than they should have in the United States in March 2024, by age [Graph], Bankrate, April 11, 2024. [Online]. Available: https://www.statista.com/statistics/1328323/bnpl-missed-payments-in-the-us/