Americans are increasingly relying on credit cards and buy now, pay later (BNPL) services to cover everyday necessities. A recent survey shows 33% feel more confident managing their debt than last year, but many foresee using credit for essentials in the coming year. High interest rates and inflation are pushing debt levels higher. Younger generations and parents are the heaviest users of BNPL. Despite rising delinquencies, many Americans remain optimistic about accessing credit.
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