“Buy-Now-Pay-Later loans may seem simple and safe, but they can lead to surprise fees and growing debt,” Jackson said in a statement.

The “tier” rankings, starting with 1 for the most economically distressed and 3 for the least distressed, are used as a factor in determining state grants and other forms of assistance.

CBP leaders said officers continue to intercept unsafe and fraudulent products entering the country, underscoring the risks behind deals that appear too good to be true.

Rollins said auditing from state-supplied data has resulted in removal of about 700,000 people; 5,000 dead people were found to be getting benefits; and one individual was a recipient in six states.

Nearly 82 million Americans are expected to travel at least 50 miles from home between Tuesday and Dec. 1, the time defined by the American Automobile Association as the holiday period.