News

"Using BNPL for consumables like groceries is a red flag; it suggests a household might not be appropriately managing cash ...
By now, investors are familiar with the big winners over the last couple of years, like Nvidia and Palantir, but there's one ...
Martin Lewis is warning anyone that uses buy now, pay later (BNPL) after the Financial Conduct Authority (FCA) confirmed stricter affordability checks. BNPL is an alternative payment method that ...
HUGE changes are coming to popular buy now, pay later (BNPL) schemes, with new rules set to kick in next summer. The ...
The proposals include requiring lenders to check that people can afford to repay BNPL loans and to offer support if they get ...
The new rules will also mean that BNPL users can make complaints to the Financial Ombudsman Service if something goes wrong ...
The FCA has revealed there will be stricter affordability checks next year for people using buy now, pay later providers ...
Buy now, pay later lenders must now check that people can afford to repay their loans, a consultation put forward by the ...
FCA proposes new rules requiring affordability checks on even the smallest ‘buy now, pay later’ loans, aiming to protect ...
Britain's financial watchdog on Friday proposed rules to protect buy now, pay later (BNPL) borrowers, including affordibilty ...
Buy now, pay later firms are set to come under the scope of the Financial Conduct Authority (FCA). On Friday, proposals from ...
The FCA has launched a new buy now, pay later consultation into how it can protect customers from taking on debt that they ...