Reasons to Read

Discover how shifting consumer-debt patterns are creating new growth opportunities for buy now, pay later (BNPL) providers and retailers.

Read this report to discover answers to these and other questions:

• Why is US consumer debt increasingly concentrated among certain age groups and how does that compare to BNPL usage?
• How does BNPL adoption, usage growth and purchasing behavior differ by household income?
• How fast is BNPL growing and how large could the market become?
• Do recent consumer-credit delinquency trends point to a meaningful deterioration in borrower health?

Companies mentioned in this report include: Affirm, Afterpay/Block, Klarna, PayPal, Sezzle, Zip, Shopify, Costco, Mattress Firm, Ace Hardware, Lowe’s and Ulta Beauty.

Data in this report include: consumer debt growth and balances by age and credit type; student loan balances and borrower trends; BNPL usage by age and income; BNPL usage motivations, spending categories and providers; consumer-credit market size and growth; BNPL revenue forecasts and credit issuance; and serious-delinquency trends by age and credit type.