Based on 6/23 data, 19% of households used buy now, pay later (BNPL) loans in the past year. BNPL use peaks at 43% among households with credit scores below 620. Usage is also highest, at 41%, among households who had a credit application rejected, and 37% for those 30+ days delinquent during the past year. Even more worryingly, many are using BNPL to buy groceries. These are generally fragile households.