Now my question for every Republican senator and congressman watching this, if you do not know these four letters then you are not doing your job. Bnpl, do you know what that means? No clue. Buy now, pay later. Buy now, pay later is how 60% according to surveys of generation zone is paying for things month to month. They're not credit cards, so they're not. This is not regulated by credit bureaus. It's not regulated with credit checks. It's basically it can anything from Amazon to Instacart. (29:06–29:14)
CLAIM
Asserts that 60% of Generation Z uses buy now, pay later services monthly.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.