“29 percent of Americans have used buy now, pay later for groceries this year. That’s double the share just two years ago.”

Ted CruzEconomy

CredMeter Fact Check Verdict

Fact Check Performed On November 5, 2026

MISLEADING

LendingTree surveys found that 29% of buy-now-pay-later users had used the service for groceries, up from 14% two years earlier, not 29% of all Americans. Overall BNPL usage is around 16% of adults according to Federal Reserve data.

Evidence sources

2 references
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Event & original context

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