‘Buy Now Pay Later’ regulation must be matched by genuine action Few payment methods have experienced such exponential growth as ‘buy now pay later’. In a year that has kept us at home, the convenience and flexibility it offers consumers has more than trebled demand. Five million of us have spent £2.7 billion using the service since the pandemic began. But with ease and flexibility, comes [...]
It is vital that lenders understand the personal impact of the coronavirus pandemic It is vital that lenders understand the personal impact of the pandemic Our capital city is expensive. Many of us rely on credit to make ends meet here. We are also a city made up of renters, recent immigrants, gig workers and young professionals – many of whom will, through no fault of their own, struggle to access credit. They are invisible to lenders and therefore denied [...]
