BNPL use in the US has grown to 91.5M users, with 25% financing groceries, as default rates accelerate and most loans aren't reported, creating "phantom debt" (Connie Loizos/TechCrunch)

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Connie Loizos / TechCrunch:
BNPL use in the US has grown to 91.5M users, with 25% financing groceries, as default rates accelerate and most loans aren't reported, creating “phantom debt”  —  When Nigel Morris tells you he's worried about the economy, you listen.  As industry observers know …

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