Duck Shooting Season For BNPL?

Digital Finance Analytics (DFA) Blog

Mar 15 2024 | 00:07:10

00:00 / 00:07:10

Show Notes

Buy Now Pay Later loans are finally being finally recognised and regulated as a form of credit, despite the industry saying they do not provide credit. But as I have said before, if it quacks like a duck and swims like a duck – it’s a duck.Given that up to one third of households have used some form of Buy Now Pay Later in the past year, these reforms are long overdue, not least because we see a high correlation between financial stress and the use of these facilities, and a proliferation of BNPL being used for everyday expenses, energy […]

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