DENVER — As you’re out holiday shopping, one legal expert warns to keep an eye out for buy now, pay later (BNPL) plans. With tighter budgets, they can look enticing as they can split large purchases into smaller, more manageable ones over a monthly basis.
However, the lawyer Denver7 spoke with said BNPL plans can easily rope you into more debt, and there aren’t many protections in place to keep you out of trouble.
76% of Americans use BNPL plans, 72% of GenZ uses them, and 50% of users have already missed at least one payment, according to LegalShield . Legal expert warns of buy now, pay later plans this holiday shopping season
Rebecca Carter is a principal at the law firm Friedman, Framme & Thrush. Carter told Denver7 she is seeing more people calling her office asking for advice af

Denver7 News
KTAR News 92.3
KKTV 11 News
CBS Colorado
Cowboy State Daily
Raw Story
IMDb TV
The Fashion Spot
Rolling Stone