Article 603Y6 Two in five buy now, pay later shoppers borrow funds to clear the debt

Two in five buy now, pay later shoppers borrow funds to clear the debt

by
Rupert Jones
from World news | The Guardian on (#603Y6)

Citizens Advice says consumers piling borrowing on top of borrowing' by paying with credit cards

More than two in five recent buy now, pay later (BNPL) shoppers relied on credit cards or other forms of borrowing to pay off what they owed, the charity Citizens Advice has said.

It said the figures showed that shoppers are piling borrowing on top of borrowing" and underlined the urgent need for BNPL to be regulated.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments