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The Nexus
BUSINESSJul 6 · 16:17 UTCWAFB BATON ROUGERachel DePompa

More Americans using loans to cover everyday bills, report shows

New data from LendingTree shows 8.2% of Americans now use personal loans for everyday bills, up from 3.4% three years ago. Gen Z is most likely to rely on such loans, with buy now, pay later loans increasingly used for essentials like groceries rather than luxury items.

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LendingTreeorganizationMatt Schulzpersonpersonal loanstopicbuy now, pay later loanstopicGen Ztopicgroceriestopic
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