‘Buy now, pay later’ plan use expected to boom this holiday season—and credit experts are ringing alarm bells about ‘loan-stacking’
The Fed and some analysts say key features of the plans can make borrowing too easy and saddle consumers with excessive debt.
![‘Buy now, pay later’ plan use expected to boom this holiday season—and credit experts are ringing alarm bells about ‘loan-stacking’](https://content.fortune.com/wp-content/uploads/2023/11/AP23324819125824-e1700657780797.jpg?w=2048#)