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ABC News
ABC News
Business

More Tasmanians using buy now, pay later for everyday needs

Tasmanians struggling with cost of living increases are increasingly using 'buy now, pay later' services for essentials like food and groceries. 

Anglicare Tasmania has released research, based on a survey of its financial counsellors, that found the use of 'buy now, pay later' or BNPL services, has skyrocketed over the past year.

Dr Alexander King, from Anglicare's Social Action and Research Centre, said the average debt was $2,200 and 70 per cent of those struggling to repay it were female. 

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