Young people in the United Kingdom had on average a higher monthly debt from buy now, pay later services than older consumers. Consumers between 18 and 24 years old had the highest volume of debt from buy now, pay later (BNPL) in 2022. Meanwhile, the orders by BNPL users from 45 to 54 years of age amounted to 154 British pounds on average.
Average monthly debt from buy now, pay later (BNPL) services in the United Kingdom (UK) in 2022, by age group
(in GBP)
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Forbes. (November 30, 2022). Average monthly debt from buy now, pay later (BNPL) services in the United Kingdom (UK) in 2022, by age group (in GBP) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1328476/order-value-in-bnpl-in-the-uk-by-age/
Forbes. "Average monthly debt from buy now, pay later (BNPL) services in the United Kingdom (UK) in 2022, by age group (in GBP)." Chart. November 30, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1328476/order-value-in-bnpl-in-the-uk-by-age/
Forbes. (2022). Average monthly debt from buy now, pay later (BNPL) services in the United Kingdom (UK) in 2022, by age group (in GBP). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1328476/order-value-in-bnpl-in-the-uk-by-age/
Forbes. "Average Monthly Debt from Buy Now, Pay Later (Bnpl) Services in The United Kingdom (Uk) in 2022, by Age Group (in Gbp)." Statista, Statista Inc., 30 Nov 2022, https://www.statista.com/statistics/1328476/order-value-in-bnpl-in-the-uk-by-age/
Forbes, Average monthly debt from buy now, pay later (BNPL) services in the United Kingdom (UK) in 2022, by age group (in GBP) Statista, https://www.statista.com/statistics/1328476/order-value-in-bnpl-in-the-uk-by-age/ (last visited November 21, 2024)
Average monthly debt from buy now, pay later (BNPL) services in the United Kingdom (UK) in 2022, by age group (in GBP) [Graph], Forbes, November 30, 2022. [Online]. Available: https://www.statista.com/statistics/1328476/order-value-in-bnpl-in-the-uk-by-age/