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Britain's financial watchdog on Friday proposed rules to protect buy now, pay later (BNPL) borrowers, including affordibilty ...
Long-promised regulation of the sector will come into force next July, but lenders will have some flexibility.
Buy-now-pay-later providers will finally be regulated in the UK beginning next year, the Financial Conduct Authority said on ...
Buy now, pay later borrowers will benefit from key protections in place for other types of lending, under proposals put ...
Borrowers will have more transparency over their loans and be able to complain to the ombudsman if something goes wrong, ...
Buy now, pay later providers will have to check that people can afford to repay their loans and offer support if they get ...
Buy now, pay later providers will have to check that people can afford to repay their loans and offer support if they get ...
The Transparency Task Force has written to the chair of the Treasury select committee seeking parliamentary scrutiny of the Leeds Reforms and associated regulatory changes.
The new rules will also mean that BNPL users can make complaints to the Financial Ombudsman Service if something goes wrong ...
StepChange Debt Charity has suggested some ways that borrowers can manage BNPL products ahead of changes next year.
The Government is desperate to get more people investing. It’s certainly true that as a nation, investing outside of a ...