Nearly a quarter of Americans have used buy now, pay later to cover the cost of going to a concert or festival, according to a new LendingTree survey. Just like grocery items, concert tickets are becoming increasingly expensive, and fans are finding creative ways to afford them.
It also found that younger people are more likely to use BNPL, with 37% of Gen Z and 35% of millennials saying they've done it. Overall, parents of young kids are the most likely group, at 44%, to say they'll go into debt over a concert or festival. And men are much more likely than women — 39% vs 22% — to say so as well.
