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Buy now, pay later debt is piling up, and groceries are driving it
Summary by The Minneapolis Editorial Desk · Byline on the source page: Ashley Halbach , as published by KSTP 5 Eyewitness News (ABC)
· July 27, 2026
· 1 min read
Photo: KSTP 5 Eyewitness News (ABC) · view original
Story provenance No corrections
Summary created by The Minneapolis Editorial Desk — automated, rule-governed Byline on source page Ashley Halbach, as published by KSTP 5 Eyewitness News (ABC) Original story Read at the source Source published Jul 27, 2026 Indexed here Jul 28, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway Many Americans are using these services to cover essential expenses.
Buy now, pay later debt is increasing, with groceries being a major factor. Many Americans are using these services to cover essential expenses. A recent report shows that nearly a quarter of users have taken out loans for groceries, which is almost double the amount from the previous year.
Further details on this trend are available from a LendingTree report, which also notes that many users are missing payments and accumulating interest.
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About this story
As published by KSTP 5 Eyewitness News (ABC) . The Minneapolis surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSTP 5 Eyewitness News (ABC) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 27, 2026 ·
Source: KSTP 5 Eyewitness News (ABC) ·
Reading time: 1 min
Frequently asked about this story
What is this story about? Buy now, pay later debt is increasing, with groceries being a major factor. Many Americans are using these services to cover essential expenses. A recent report shows that nearly a quarter of users…
When was this published? This article was first published on July 27, 2026 by KSTP 5 Eyewitness News (ABC) and curated for The Minneapolis readers.
Who reported this story? This story was reported by Ashley Halbach at KSTP 5 Eyewitness News (ABC). To learn more about how The Minneapolis selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Minneapolis, or browse our daily briefing and topic hubs .
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