buy-now-pay-later / English

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Ged, 52, from Manchester, had used BNPL services for several years and but after missing a few payments his debts soon snowballed, and he found himself at the mercy of debt collectors and bailiffs

There have been concerns that people can end up over-stretching themselves by taking on too much debt

MILLIONS of shoppers using buy-now, pay-later (BNPL) services are set to receive stronger protections under new government proposals. The government… Continue reading New rules to protect millions of buy-now, pay-later shoppers

A SCOTS mum living on the breadline has been forced to use ‘buy now, pay later’ loans to afford groceries and Christmas presents for her kids.

New clampdown on buy now pay later won’t come into force until January 2026

Buy-now-pay-later (BNPL) payments allow customers to spread the cost of purchases over the course of a few months.

Apple Pay now supports third-party browsers and desktops for payments, and also expands Buy Now, Pay Later services.

Stricter rules could see finance watchdog apply affordability tests on loans to stop shoppers facing dangerous debt levels

Money expert said that the chancellor Rachel Reeves rang him personally to tell him about the reforms

The Government has launched a consultation on bringing buy now pay later companies, such as Klarna and Afterpay, under the supervision of the Financial Conduct Authority.

KLARNA has revealed a major change to its famous buy now, pay later scheme.

KLARNA has revealed a major change to its famous buy now, pay later scheme.

New rules to protect shoppers from spiralling into debt with Buy Now Pay Later (BNPL) products will come into force in 2026.

Image: Cath Virginia / The Verge, Getty Images

Firms such as Klarna to be required to do affordability checks, in effort to protect consumers from ‘cycle of debt’

All buy now, pay later lenders will have to do affordability checks under new crackdown, with borrowers giving better comeback if things go wrong