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Results for Buy Now Pay Later tag

September 2023

Which? responds to UK Finance Payment Markets Report

14 September 2023

Sam Richardson, Deputy Editor of Which? Money, said:    “It is right that millions of consumers across the country find paying digitally easy and convenient, yet as UK Finance’s report shows, there remains a significant minority of people who are not yet ready or able to make that switch, evidenced by an increase in cash payments […]

Statement: access to cash, Buy Now Pay Later

May 2022

Which? comments on Klarna reporting product use and missed payments to UK credit reference agencies

4 May 2022

Jenny Ross, Which? Money Editor, said:  “Using buy now pay later (BNPL) is an easy and convenient way to pay for millions. However, with currently little to no information or warnings about the risks of incurring late fees or getting into debt, it raises concerns that many shoppers do not fully understand the products they’re […]

Statement: Buy Now Pay Later, Jenny Ross

February 2022

Which? comments on FCA securing contract changes for buy now, pay later customers

14 February 2022

Ele Clark, Senior Editor, Which? Money, said:  “Which? research has found that shoppers are being bombarded at the checkout with various BNPL schemes, but given little to no information or warnings about the risks of late fees or getting into debt, so it’s right that the FCA has taken steps to require firms to make […]

Statement: Buy Now Pay Later, Ele Clark, Money

Which? responds as TransUnion confirms buy now, pay later will appear on credit files from summer

9 February 2022

Jenny Ross, Which? Money Editor, said: “Buy now, pay later (BNPL) services offer ease and convenience for many shoppers, but our research has found that many people use these schemes without realising they are taking on debt. “With the cost of living rising, appropriate affordability checks are needed to prevent people from building up debts […]

Statement: Buy Now Pay Later, Jenny Ross, Money

January 2022

Which? calls for stronger safeguards to warn shoppers of Buy Now Pay Later debt risk

6 January 2022

Which? is calling for stronger safeguards to stop online shoppers from choosing Buy Now Pay Later to pay for products without knowing the risks, as new research from the consumer champion reveals many people do not think that they are taking on debt when using this payment method. Buy Now Pay Later (BNPL) has soared […]

Press Release: Buy Now Pay Later, Money, Personal Finance, Rocio Concha

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