Growing Number of Virginians Actually Finance Groceries

New data from Lending Tree shows a growing number of Virginians are financing the purchase of their groceries. A survey of two-thousand consumers ages 18 to 79 found that half reported using credit to help cover the cost of food. Lending Tree said 25-percent of those surveyed said they used buy now, pay later loans to buy groceries. The survey also found a seven-percent increase in those who made late payments on a buy now, pay later loans in the last year.