News

"Using BNPL for consumables like groceries is a red flag; it suggests a household might not be appropriately managing cash ...
Shoppers using buy now, pay later (BNPL) face stricter affordability checks under new rules coming into force next July, the financial regulator said. Lenders will have to check that people can afford ...
FCA proposes new rules requiring affordability checks on even the smallest ‘buy now, pay later’ loans, aiming to protect ...
Can you hear the canary in the economy’s coal mine singing her heart out? You know that we are headed for trouble when some ...
Buy now, pay later providers will have to check that people can afford to repay their loans and offer support if they get ...
Government has now legislated to bring these interest-free payment plans, officially termed "Deferred Payment Credit" (DPC), ...
HUGE changes are coming to popular buy now, pay later (BNPL) schemes, with new rules set to kick in next summer. The ...
Long-promised regulation of the sector will come into force next July, but lenders will have some flexibility.
Buy now, pay later firms are set to come under the scope of the Financial Conduct Authority (FCA). On Friday, proposals from ...
StepChange Debt Charity has suggested some ways that borrowers can manage BNPL products ahead of changes next year.
The concern for consumers is that this additional data held by companies may come at the expense of controlling access to it, ...