Buy Now, Pay Later Gains Traction in Italy

A new study by Bank of Italy reveals a significant rise in the use of 'buy now, pay later' (BNPL) services, particularly among individuals with low incomes and a history of denied loans. This trend, observed since 2022, indicates a growing reliance on short-term financing options. The increased adoption raises concerns about potential debt accumulation and financial vulnerability within the Italian population.

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