The Buy Now Pay Later Debt Trap

September 05, 2021 00:19:33
The Buy Now Pay Later Debt Trap
Digital Finance Analytics (DFA) Blog
The Buy Now Pay Later Debt Trap

Sep 05 2021 | 00:19:33

/

Show Notes

Research from the UK shows one in ten users of Buy Now Pay Later end up with contact from debt collectors, while in the UK and NZ, BNPL are deemed as credit products. But in Australia, we are pursuing a different and more relaxed path, despite the high volume of late payment fees, despite the harm.

Go to the Walk The World Universe at https://walktheworld.com.au/

https://www.citizensadvice.org.uk/about-us/about-us1/media/press-releases/one-in-10-buy-now-pay-later-shoppers-have-been-chased-by-debt-collectors/

https://asic.gov.au/about-asic/news-centre/find-a-media-release/2020-releases/20-280mr-asic-releases-latest-data-on-buy-now-pay-later-industry/

Other Episodes

Episode 0

May 22, 2020 00:40:03
Episode Cover

If Not "V Shaped", Then What? - The DFA Daily 22 May 2020

The latest edition of our finance and property news digest with a distinctively Australian flavour.

Listen

Episode

July 18, 2019 01:32:07
Episode Cover

DFA Live Q&A Replay 16 July 2019 [Podcast]

This is the audio version of our edited live stream event, where we discuss our property and finance scenarios, and answer questions from viewers....

Listen

Episode

November 23, 2019 00:31:06
Episode Cover

Engineering A Boom – Or Not – The Property Imperative Weekly 23rd November 2019 [Podcast]

The latest edition of our weekly finance and property news digest with a distinctively Australian flavour. Contents: 00:22 Introduction 01:20 US Trade War 02:30...

Listen