Groceries on Credit? Slippin' Jimmy's Guide to Buy Now, Cry Later!

Is This Thing On? A Word from Your Favorite Lawyer

Alright folks Saul Goodman here your *trusted* legal counsel and financial guru (self proclaimed but who's counting?). I just got wind of this report from Lending Tree and let me tell you it's got me reaching for my emergency stash of antacids. Apparently you good people are using these 'buy now pay later' deals for...groceries? Seriously? This is like paying for a used car with pennies – seems like a good idea at the time but you'll regret it later believe me!

From Bad to Broke: BNPL on the Rise

So here's the skinny: more and more of you are swiping that BNPL magic for your daily bread (literally probably some fancy artisanal stuff). Back in '23 only 21% of you were doing this but now we are at 25%. And get this – a whopping 41% of you are missing those payments! That's like trying to outrun the Salamanca twins you just can't do it!

Inflation? More Like Infla pain!

According to some pencil pusher at Lending Tree named Matt Schulz it's all about inflation interest rates and those pesky tariffs. You know the stuff that makes my head spin faster than Tuco's rants. Matt says people are 'looking for ways to extend their budget.' Well duh! I could've told you that for half the price of a billboard.

Multiple Loans Multiple Problems: It's Basic Math People!

Sixty percent of you BNPL junkies have multiple loans going at once. And nearly a quarter of you are juggling *three or more* of these bad boys! This is why I always tell my clients to think before you act. And by think I mean call Saul!

Coachella and Cheeseburgers: The American Dream?

Apparently folks are financing Coachella tickets and DoorDash orders with BNPL. I mean I get wanting to see Harry Styles but is it worth ending up in a deeper financial hole than the one Walter White dug in the desert? I think not!

Saul's Sage Advice: Tread Lightly My Friends

Look I'm not saying BNPL is the devil. But it's like that second chili P I always told Walter moderation! It can be a useful tool if you're smart about it. But if you're not careful you'll end up owing more than you can pay and that's when you'll be calling *me*. And trust me my fees aren't exactly 'buy now pay later.' So tread lightly my friends. And remember if you ever need a *really* good lawyer you know who to call!