"Consumers Face Holiday Debt Hangover: How Will They Pay Bills?"

Many Americans turned to buy now, pay later services to fund their holiday shopping last year, but are now struggling to pay off those bills, leading to concerns about the impact on the economy. The surge in usage of buy now, pay later comes as credit card debt hits a record high and delinquency rates have nearly doubled over the past two years. While some users appreciate the flexibility it offers, others find themselves buried under a mountain of micro payments, prompting worries about how they'll cover their bills.