Buy Now, Pay Later vs Layaway: Which Will Be the Consumer’s Saving Grace This Holiday Season?
The holiday season is upon us… and so is inflation. According to the Labor Department, the consumer price index (CPI) rose to 0.01% bringing the total inflation rate to 8.26% as of August 2022. Many consumers have had to rethink their finances as prices for necessities such as groceries and clothing continue to rise. The …